FPC Investment Advisory Inc. Grows Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

FPC Investment Advisory Inc. raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 181.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 9,870 shares of the company’s stock after buying an additional 6,360 shares during the period. Schwab US Broad Market ETF comprises about 0.2% of FPC Investment Advisory Inc.’s portfolio, making the stock its 23rd largest holding. FPC Investment Advisory Inc.’s holdings in Schwab US Broad Market ETF were worth $231,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Maryland Capital Advisors Inc. raised its stake in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after buying an additional 774 shares during the last quarter. Jackson Grant Investment Advisers Inc. grew its position in shares of Schwab US Broad Market ETF by 201.0% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after acquiring an additional 834 shares during the period. Beacon Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 200.2% during the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after acquiring an additional 811 shares during the period. Albion Financial Group UT grew its position 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 valued at $29,000 after acquiring an additional 840 shares during the period. Finally, Global Financial Private Client LLC grew its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after acquiring an additional 888 shares during the period.

Schwab US Broad Market ETF Stock Down 1.9 %

NYSEARCA:SCHB opened at $23.18 on Friday. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.77. The stock has a market capitalization of $33.15 billion, a PE ratio of 25.96 and a beta of 1.04. The stock’s 50-day moving average price is $23.20 and its 200-day moving average price is $22.57.

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.