James J. Burns & Company LLC Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

James J. Burns & Company LLC grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 738,202 shares of the company’s stock after acquiring an additional 488,005 shares during the quarter. Schwab US Broad Market ETF comprises about 2.9% of James J. Burns & Company LLC’s portfolio, making the stock its 7th biggest holding. James J. Burns & Company LLC owned approximately 0.16% of Schwab US Broad Market ETF worth $16,758,000 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 SCHB. Joseph Group Capital Management acquired a new position in Schwab US Broad Market ETF during the 3rd quarter worth approximately $66,000. Northwest Investment Counselors LLC bought a new stake in Schwab US Broad Market ETF during the 3rd quarter worth $69,000. Albion Financial Group UT raised its position in 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 last quarter. Global Financial Private Client LLC boosted its stake in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares during the period.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $23.20 on Tuesday. The company has a fifty day moving average price of $23.20 and a 200-day moving average price of $22.33. Schwab US Broad Market ETF has a 52-week low of $18.98 and a 52-week high of $23.73. The company has a market capitalization of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02.

About Schwab US Broad Market ETF

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.