Christensen King & Associates Investment Services Inc. Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Christensen King & Associates Investment Services Inc. raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 192.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 659,273 shares of the company’s stock after purchasing an additional 433,790 shares during the quarter. Schwab US Broad Market ETF accounts for about 7.2% of Christensen King & Associates Investment Services Inc.’s investment portfolio, making the stock its 2nd biggest holding. Christensen King & Associates Investment Services Inc.’s holdings in Schwab US Broad Market ETF were worth $15,335,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Traveka Wealth LLC lifted its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Traveka Wealth LLC now owns 44,808 shares of the company’s stock valued at $1,017,000 after purchasing an additional 29,872 shares during the period. CHB Investment Group LLC lifted its holdings in Schwab US Broad Market ETF by 182.3% in the fourth quarter. CHB Investment Group LLC now owns 135,798 shares of the company’s stock valued at $3,083,000 after acquiring an additional 87,699 shares during the period. BCS Wealth Management bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $3,194,000. AdvisorNet Financial Inc lifted its stake in shares of Schwab US Broad Market ETF by 200.6% in the 4th quarter. AdvisorNet Financial Inc now owns 32,439 shares of the company’s stock worth $736,000 after purchasing an additional 21,647 shares during the period. Finally, Sentinel Pension Advisors Inc. lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Sentinel Pension Advisors Inc. now owns 10,104 shares of the company’s stock worth $229,000 after purchasing an additional 6,736 shares during the period.

Schwab US Broad Market ETF Trading Up 0.2 %

Shares of NYSEARCA SCHB opened at $22.54 on Tuesday. Schwab US Broad Market ETF has a 12-month low of $18.25 and a 12-month high of $23.73. The firm has a market capitalization of $10.36 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm has a 50 day moving average of $23.12 and a 200 day moving average of $22.14.

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.