Focus Financial Network Inc. Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Focus Financial Network Inc. increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 174.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 900,823 shares of the company’s stock after purchasing an additional 572,822 shares during the period. Schwab US Broad Market ETF accounts for about 0.8% of Focus Financial Network Inc.’s holdings, making the stock its 23rd biggest holding. Focus Financial Network Inc. owned approximately 0.20% of Schwab US Broad Market ETF worth $20,449,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Hengehold Capital Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after purchasing an additional 5,886,366 shares in the last quarter. Strid Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 197.8% during the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after buying an additional 5,666,068 shares during the period. HB Wealth Management LLC lifted its position in Schwab US Broad Market ETF by 192.5% during the 4th 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 in the last quarter. HT Partners LLC boosted its holdings in Schwab US Broad Market ETF by 202.6% in the 4th quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after acquiring an additional 4,052,932 shares during the period. Finally, Hanson & Doremus Investment Management grew its position 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 in the last quarter.

Schwab US Broad Market ETF Stock Up 0.6 %

SCHB opened at $23.47 on Tuesday. The firm’s 50 day moving average is $23.20 and its 200-day moving average is $22.40. Schwab US Broad Market ETF has a 52-week low of $19.04 and a 52-week high of $23.73. The firm has a market capitalization of $10.79 billion, a P/E ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF Profile

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.