Summit Place Financial Advisors LLC Acquires 27,131 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Summit Place Financial Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 215.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,714 shares of the company’s stock after buying an additional 27,131 shares during the quarter. Summit Place Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $902,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SCHB. Hengehold Capital Management LLC raised its position in Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. Strid Group LLC raised its position in Schwab US Broad Market ETF by 197.8% in the fourth 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 during the last quarter. HB Wealth Management LLC raised its position in Schwab US Broad Market ETF by 192.5% in the fourth 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 during the last quarter. HT Partners LLC raised its position in Schwab US Broad Market ETF by 202.6% in the fourth 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 fourth quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock valued at $133,961,000 after purchasing an additional 3,954,414 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.3 %

Schwab US Broad Market ETF stock opened at $23.71 on Wednesday. The company has a market capitalization of $10.90 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month high of $23.73. The stock has a 50-day moving average price of $23.19 and a two-hundred day moving average price of $22.51.

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.