Index Fund Advisors Inc. Purchases 10,631 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Index Fund Advisors Inc. grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,947 shares of the company’s stock after purchasing an additional 10,631 shares during the period. Index Fund Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $362,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hengehold Capital Management LLC lifted its position in Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after buying an additional 5,886,366 shares during the last quarter. Strid Group LLC boosted its stake in shares of Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after purchasing an additional 5,666,068 shares in the last quarter. HB Wealth Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 192.5% in the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after purchasing an additional 4,281,591 shares in the last quarter. HT Partners LLC grew its holdings in shares of Schwab US Broad Market ETF by 202.6% during the 4th quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after purchasing an additional 4,052,932 shares during the last quarter. Finally, Hanson & Doremus Investment Management raised its position in Schwab US Broad Market ETF by 203.1% in the 4th quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock worth $133,961,000 after purchasing an additional 3,954,414 shares during the period.

Schwab US Broad Market ETF Stock Up 0.6 %

NYSEARCA SCHB opened at $23.47 on Tuesday. The company has a 50-day simple moving average of $23.20 and a two-hundred day simple moving average of $22.40. Schwab US Broad Market ETF has a 12-month low of $19.04 and a 12-month high of $23.73. The firm has a market cap of $10.79 billion, a price-to-earnings 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.