SOL Capital Management CO Buys 55,462 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

SOL Capital Management CO increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 219.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 80,684 shares of the company’s stock after purchasing an additional 55,462 shares during the quarter. SOL Capital Management CO’s holdings in Schwab US Broad Market ETF were worth $1,832,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL bought a new position in Schwab US Broad Market ETF in the 2nd quarter worth about $28,000. Albion Financial Group UT boosted its holdings 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 purchasing an additional 840 shares during the period. Global Financial Private Client LLC grew its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares in the last quarter. GAMMA Investing LLC increased its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after purchasing an additional 964 shares during the period. Finally, Capital Investment Advisory Services LLC raised its position in Schwab US Broad Market ETF by 128.0% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock valued at $35,000 after purchasing an additional 854 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $23.36 on Friday. Schwab US Broad Market ETF has a 1-year low of $18.75 and a 1-year high of $23.73. The company has a 50-day moving average of $23.20 and a 200 day moving average of $22.31. The firm has a market cap of $10.74 billion, a PE ratio of 25.24 and a beta of 1.02.

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.