Strategic Equity Management Acquires 8,553 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Strategic Equity Management boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 174.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,466 shares of the company’s stock after purchasing an additional 8,553 shares during the quarter. Strategic Equity Management’s holdings in Schwab US Broad Market ETF were worth $306,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Naviter Wealth LLC raised its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Naviter Wealth LLC now owns 21,696 shares of the company’s stock worth $492,000 after purchasing an additional 14,464 shares in the last quarter. Rialto Wealth Management LLC bought a new position in Schwab US Broad Market ETF in the fourth quarter worth $2,904,000. Larson Financial Group LLC raised its holdings in Schwab US Broad Market ETF by 245.4% in the fourth quarter. Larson Financial Group LLC now owns 37,589 shares of the company’s stock worth $853,000 after purchasing an additional 26,706 shares in the last quarter. HM Payson & Co. raised its holdings in Schwab US Broad Market ETF by 199.9% in the fourth quarter. HM Payson & Co. now owns 5,822 shares of the company’s stock worth $132,000 after purchasing an additional 3,881 shares in the last quarter. Finally, Blankinship & Foster LLC bought a new position in Schwab US Broad Market ETF in the fourth quarter worth $551,000.

Schwab US Broad Market ETF Trading Up 0.5 %

SCHB opened at $22.18 on Friday. The stock has a fifty day simple moving average of $23.10 and a two-hundred day simple moving average of $22.70. The company has a market cap of $31.72 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77.

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.