Strategic Equity Management Buys 8,553 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Strategic Equity Management grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 174.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,466 shares of the company’s stock after acquiring an additional 8,553 shares during the quarter. Strategic Equity Management’s holdings in Schwab US Broad Market ETF were worth $306,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHB. Concurrent Investment Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $867,000. Scott & Selber Inc. boosted its position in shares of Schwab US Broad Market ETF by 16.5% during the third quarter. Scott & Selber Inc. now owns 8,209 shares of the company’s stock valued at $546,000 after buying an additional 1,165 shares during the last quarter. Resolute Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $352,000. Rocky Mountain Advisers LLC boosted its position in shares of Schwab US Broad Market ETF by 1.1% during the third quarter. Rocky Mountain Advisers LLC now owns 125,782 shares of the company’s stock valued at $8,367,000 after buying an additional 1,380 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its position in shares of Schwab US Broad Market ETF by 33.0% during the third quarter. Axxcess Wealth Management LLC now owns 12,158 shares of the company’s stock valued at $809,000 after buying an additional 3,015 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $22.18 on Friday. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The stock has a market capitalization of $31.72 billion, a PE ratio of 25.96 and a beta of 1.04. The business’s fifty day moving average is $23.10 and its 200 day moving average is $22.70.

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.