Fragasso Financial Advisors Inc Boosts Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Fragasso Financial Advisors Inc boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,024 shares of the company’s stock after purchasing an additional 9,365 shares during the period. Fragasso Financial Advisors Inc’s holdings in Schwab US Broad Market ETF were worth $318,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Winthrop Advisory Group LLC lifted its position in Schwab US Broad Market ETF by 270.0% during the fourth quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock valued at $33,514,000 after purchasing an additional 1,077,345 shares in the last quarter. Legacy Private Trust Co. raised its stake in shares of Schwab US Broad Market ETF by 210.0% in the fourth quarter. Legacy Private Trust Co. now owns 1,470,532 shares of the company’s stock worth $33,381,000 after buying an additional 996,131 shares during the period. WT Wealth Management lifted its position in shares of Schwab US Broad Market ETF by 195.4% during the 3rd quarter. WT Wealth Management now owns 1,235,645 shares of the company’s stock valued at $82,195,000 after buying an additional 817,389 shares in the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF by 196.4% during the 3rd quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 868,604 shares of the company’s stock valued at $57,780,000 after acquiring an additional 575,590 shares during the period. Finally, Capital Management Associates Inc purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter worth approximately $37,567,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $22.54 on Tuesday. The company has a market capitalization of $10.36 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.25 and a 1-year high of $23.73. The firm’s 50 day simple moving average is $23.12 and its two-hundred day simple moving average is $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.