HBK Sorce Advisory LLC Has $69.56 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

HBK Sorce Advisory LLC raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,064,450 shares of the company’s stock after acquiring an additional 2,040,402 shares during the quarter. Schwab US Broad Market ETF makes up approximately 2.1% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 6th largest position. HBK Sorce Advisory LLC owned 0.67% of Schwab US Broad Market ETF worth $69,563,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Equita Financial Network Inc. increased its stake in shares of Schwab US Broad Market ETF by 0.5% in the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after buying an additional 451 shares during the period. Cornerstone Planning Group LLC increased its position in Schwab US Broad Market ETF by 4.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after purchasing an additional 462 shares during the period. Citizens Financial Group Inc. RI increased its position in Schwab US Broad Market ETF by 3.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after purchasing an additional 470 shares during the period. Wilson & Boucher Capital Management LLC increased its position in Schwab US Broad Market ETF by 0.6% during the 3rd quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock valued at $6,259,000 after purchasing an additional 575 shares during the period. Finally, Asset Management Group Inc. increased its position in Schwab US Broad Market ETF by 1.8% during the 3rd quarter. Asset Management Group Inc. now owns 33,108 shares of the company’s stock valued at $2,202,000 after purchasing an additional 588 shares during the period.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $21.52 on Thursday. The company has a market capitalization of $30.77 billion, a PE ratio of 23.90 and a beta of 1.05. The company has a 50 day simple moving average of $23.03 and a two-hundred day simple moving average of $22.70. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77.

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.