Schaeffer Financial LLC Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Schaeffer Financial LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.6% during the 4th quarter, Holdings Channel reports. The firm owned 859,112 shares of the company’s stock after buying an additional 574,238 shares during the quarter. Schwab US Broad Market ETF makes up 19.5% of Schaeffer Financial LLC’s investment portfolio, making the stock its biggest holding. Schaeffer Financial LLC’s holdings in Schwab US Broad Market ETF were worth $19,502,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in SCHB. Maryland Capital Advisors Inc. grew its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares during the last quarter. Jackson Grant Investment Advisers Inc. lifted its position in Schwab US Broad Market ETF by 201.0% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares in the last quarter. Beacon Capital Management LLC lifted its position in Schwab US Broad Market ETF by 200.2% during the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after buying an additional 811 shares in the last quarter. Albion Financial Group UT lifted its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after buying an additional 840 shares in the last quarter. Finally, Global Financial Private Client LLC lifted its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after buying an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.5 %

Shares of NYSEARCA SCHB opened at $23.63 on Friday. The firm’s 50-day simple moving average is $23.20 and its 200 day simple moving average is $22.55. The company has a market cap of $10.86 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77.

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.