Schwab US Broad Market ETF $SCHB is Strategic Advisors LLC’s 4th Largest Position

Strategic Advisors LLC reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,111,119 shares of the company’s stock after selling 22,781 shares during the quarter. Schwab US Broad Market ETF comprises approximately 4.6% of Strategic Advisors LLC’s holdings, making the stock its 4th largest position. Strategic Advisors LLC owned about 0.08% of Schwab US Broad Market ETF worth $29,145,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. ELCO Management Co. LLC lifted its position in shares of Schwab US Broad Market ETF by 15.9% during the third quarter. ELCO Management Co. LLC now owns 168,506 shares of the company’s stock worth $4,332,000 after purchasing an additional 23,150 shares during the last quarter. Sunburst Financial Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 1.9% in the fourth quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock valued at $55,770,000 after acquiring an additional 39,321 shares in the last quarter. Donaldson Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 14.3% in the fourth quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock valued at $5,055,000 after acquiring an additional 24,114 shares in the last quarter. Dorato Capital Management purchased a new position in Schwab US Broad Market ETF in the fourth quarter valued at about $2,500,000. Finally, Farrow Financial Inc. grew its stake in shares of Schwab US Broad Market ETF by 47.1% during the fourth quarter. Farrow Financial Inc. now owns 83,285 shares of the company’s stock worth $2,185,000 after acquiring an additional 26,673 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $29.25 on Tuesday. The stock’s 50-day simple moving average is $27.19 and its 200-day simple moving average is $26.62. The firm has a market capitalization of $43.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $22.53 and a fifty-two week high of $29.32.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.