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

Tiemann Investment Advisors LLC boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,667 shares of the company’s stock after purchasing an additional 12,444 shares during the quarter. Tiemann Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $424,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC grew its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after acquiring an additional 10,979 shares during the period. Versant Capital Management Inc lifted its position in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after buying an additional 9,352 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in Schwab US Broad Market ETF by 194.3% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock worth $571,000 after buying an additional 16,602 shares during the period. Fulcrum Equity Management increased its position in shares of Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after acquiring an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $703,000.

Schwab US Broad Market ETF Trading Up 0.5 %

Shares of Schwab US Broad Market ETF stock opened at $22.18 on Monday. The company has a fifty day moving average price of $23.10 and a 200 day moving average price of $22.71. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The stock 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 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.