Orion Capital Management LLC Acquires 2,527 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Orion Capital Management LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 275.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 3,443 shares of the company’s stock after purchasing an additional 2,527 shares during the period. Orion Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $192,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Zhang Financial LLC increased its holdings in Schwab US Broad Market ETF by 5.4% in the fourth quarter. Zhang Financial LLC now owns 153,865 shares of the company’s stock valued at $8,566,000 after purchasing an additional 7,844 shares during the period. Natixis Advisors L.P. purchased a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $666,000. Morningstar Investment Services LLC grew its stake in Schwab US Broad Market ETF by 6.9% in the 3rd quarter. Morningstar Investment Services LLC now owns 664,824 shares of the company’s stock valued at $33,215,000 after buying an additional 43,035 shares in the last quarter. Citigroup Inc. grew its position in shares of Schwab US Broad Market ETF by 9.9% during the 3rd quarter. Citigroup Inc. now owns 3,062 shares of the company’s stock valued at $153,000 after purchasing an additional 275 shares in the last quarter. Finally, WBH Advisory Inc. grew its position in shares of Schwab US Broad Market ETF by 2.7% during the 4th quarter. WBH Advisory Inc. now owns 556,907 shares of the company’s stock valued at $31,003,000 after purchasing an additional 14,679 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB traded up $0.64 during midday trading on Wednesday, hitting $59.04. 1,093,923 shares of the company traded hands, compared to its average volume of 858,509. Schwab US Broad Market ETF has a 12-month low of $46.92 and a 12-month high of $61.18. The stock has a 50-day moving average price of $59.62 and a 200 day moving average price of $55.98. The firm has a market cap of $27.12 billion, a P/E ratio of 24.20 and a beta of 1.03.

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.