Burt Wealth Advisors Grows Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Burt Wealth Advisors raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 165.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 11,448 shares of the company’s stock after purchasing an additional 7,133 shares during the period. Burt Wealth Advisors’ holdings in Schwab US Broad Market ETF were worth $260,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Maryland Capital Advisors Inc. increased its holdings in 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 acquiring an additional 774 shares in the last quarter. Wiser Advisor Group LLC lifted its stake in Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 785 shares in the last quarter. Jackson Grant Investment Advisers Inc. increased its position in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares in the last quarter. Beacon Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after acquiring an additional 811 shares during the last quarter. Finally, Albion Financial Group UT lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth 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 in the last quarter.

Schwab US Broad Market ETF Trading Down 1.7 %

Schwab US Broad Market ETF stock opened at $22.53 on Tuesday. 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 cap of $32.22 billion, a PE ratio of 25.96 and a beta of 1.04. The stock has a 50-day moving average price of $23.18 and a 200 day moving average price of $22.69.

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.