D.B. Root & Company LLC Purchases 318,009 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

D.B. Root & Company LLC increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 479,205 shares of the company’s stock after acquiring an additional 318,009 shares during the period. Schwab US Broad Market ETF makes up about 3.5% of D.B. Root & Company LLC’s investment portfolio, making the stock its 4th largest position. D.B. Root & Company LLC’s holdings in Schwab US Broad Market ETF were worth $10,878,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Mutual Advisors LLC raised its position in Schwab US Broad Market ETF by 2.3% in the fourth quarter. Mutual Advisors LLC now owns 232,168 shares of the company’s stock worth $5,333,000 after acquiring an additional 5,269 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Schwab US Broad Market ETF by 182.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 121,323 shares of the company’s stock worth $2,754,000 after purchasing an additional 78,402 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 199.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,079,436 shares of the company’s stock worth $24,503,000 after purchasing an additional 719,106 shares in the last quarter. Albion Financial Group UT lifted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after purchasing an additional 840 shares during the last quarter. Finally, Advisory Alpha LLC boosted its holdings in Schwab US Broad Market ETF by 186.2% during the fourth quarter. Advisory Alpha LLC now owns 85,122 shares of the company’s stock worth $1,932,000 after buying an additional 55,380 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $23.54 on Thursday. Schwab US Broad Market ETF has a 1 year low of $18.75 and a 1 year high of $23.73. The business’s fifty day moving average is $23.13 and its two-hundred day moving average is $22.22. The stock has a market capitalization of $10.82 billion, a P/E 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.