Crewe Advisors LLC Raises Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Crewe Advisors LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,153 shares of the company’s stock after purchasing an additional 16,791 shares during the quarter. Crewe Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $571,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jackson Grant Investment Advisers Inc. boosted its holdings in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after purchasing an additional 834 shares during the last quarter. Albion Financial Group UT raised its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after purchasing an additional 840 shares in the last quarter. Global Financial Private Client LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the last quarter. GAMMA Investing LLC increased its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after acquiring an additional 964 shares during the last quarter. Finally, Capital Investment Advisory Services LLC raised its position in Schwab US Broad Market ETF by 128.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock worth $35,000 after purchasing an additional 854 shares during the period.

Schwab US Broad Market ETF Trading Up 0.5 %

NYSEARCA:SCHB opened at $23.48 on Thursday. The company has a market cap of $10.79 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $19.04 and a twelve month high of $23.73. The stock has a fifty day simple moving average of $23.20 and a 200-day simple moving average of $22.36.

About Schwab US Broad Market ETF

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.