Schwab US Broad Market ETF (NYSEARCA:SCHB) is Socha Financial Group LLC’s Largest Position

Socha Financial Group LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,100,980 shares of the company’s stock after purchasing an additional 2,068,382 shares during the quarter. Schwab US Broad Market ETF comprises approximately 33.0% of Socha Financial Group LLC’s portfolio, making the stock its biggest position. Socha Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $70,392,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Joseph Group Capital Management purchased a new stake in Schwab US Broad Market ETF in the third quarter valued at $66,000. Northwest Investment Counselors LLC acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $69,000. Jackson Grant Investment Advisers Inc. lifted its position in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after purchasing an additional 834 shares during the period. Albion Financial Group UT grew its stake in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after purchasing an additional 840 shares during the period. Finally, Global Financial Private Client LLC increased its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after buying an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $23.55 on Friday. Schwab US Broad Market ETF has a one year low of $19.04 and a one year high of $23.73. The company has a 50 day moving average price of $23.20 and a two-hundred day moving average price of $22.37. The stock has a market capitalization of $10.83 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.