Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Financial Advocates Investment Management

Financial Advocates Investment Management lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 137.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,196 shares of the company’s stock after acquiring an additional 16,919 shares during the quarter. Financial Advocates Investment Management’s holdings in Schwab US Broad Market ETF were worth $663,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Hengehold Capital Management LLC raised its stake in shares of Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after buying an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after acquiring an additional 4,281,591 shares during the period. HT Partners LLC raised its position in Schwab US Broad Market ETF by 202.6% during the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after acquiring an additional 4,052,932 shares in the last quarter. Hanson & Doremus Investment Management lifted its holdings in Schwab US Broad Market ETF by 203.1% in the fourth quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock valued at $133,961,000 after acquiring an additional 3,954,414 shares during the period. Finally, Summit Financial Strategies Inc. boosted its position in Schwab US Broad Market ETF by 192.0% in the 4th quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock worth $92,005,000 after purchasing an additional 2,665,067 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $23.32 on Friday. The company has a 50 day moving average price of $23.20 and a 200-day moving average price of $22.37. Schwab US Broad Market ETF has a 1-year low of $19.04 and a 1-year high of $23.73. The firm has a market cap of $10.72 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.