Jones Financial Companies Lllp Acquires 289,884 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Jones Financial Companies Lllp increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 429.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 357,403 shares of the company’s stock after acquiring an additional 289,884 shares during the quarter. Jones Financial Companies Lllp’s holdings in Schwab US Broad Market ETF were worth $8,113,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SCHB. Equita Financial Network Inc. increased its holdings in shares of Schwab US Broad Market ETF by 0.5% in the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock worth $6,229,000 after buying an additional 451 shares during the period. Cornerstone Planning Group LLC boosted its holdings in Schwab US Broad Market ETF by 4.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after acquiring an additional 462 shares during the period. Citizens Financial Group Inc. RI grew its position in Schwab US Broad Market ETF by 3.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock worth $884,000 after acquiring an additional 470 shares during the last quarter. Wilson & Boucher Capital Management LLC increased its stake in Schwab US Broad Market ETF by 0.6% in the 3rd quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock worth $6,259,000 after purchasing an additional 575 shares during the period. Finally, Strategic Family Wealth Counselors L.L.C. lifted its position in Schwab US Broad Market ETF by 0.7% in the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 85,007 shares of the company’s stock valued at $5,655,000 after purchasing an additional 580 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $22.53 on Tuesday. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77. The firm has a market cap of $32.22 billion, a PE ratio of 25.96 and a beta of 1.04. The business has a 50 day moving average price of $23.18 and a 200-day moving average price of $22.69.

Schwab US Broad Market ETF Company 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.