Schwab US Broad Market ETF (NYSEARCA:SCHB) is Members Advisory Group LLC’s Largest Position

Members Advisory Group LLC boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 227.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,599,786 shares of the company’s stock after acquiring an additional 1,111,773 shares during the quarter. Schwab US Broad Market ETF comprises about 14.9% of Members Advisory Group LLC’s holdings, making the stock its largest holding. Members Advisory Group LLC’s holdings in Schwab US Broad Market ETF were worth $36,322,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Joseph Group Capital Management purchased a new position in Schwab US Broad Market ETF in the 3rd quarter worth approximately $66,000. Maryland Capital Advisors Inc. boosted its holdings in 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 acquiring an additional 774 shares during the period. Beacon Capital Management LLC raised its position in shares of Schwab US Broad Market ETF by 200.2% in the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after purchasing an additional 811 shares in the last quarter. Jackson Grant Investment Advisers Inc. raised its position in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after purchasing an additional 834 shares in the last quarter. Finally, Albion Financial Group UT raised its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th 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 in the last quarter.

Schwab US Broad Market ETF Stock Down 1.9 %

Shares of SCHB opened at $23.18 on Friday. The business’s 50 day moving average is $23.20 and its two-hundred day moving average is $22.57. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The firm has a market cap of $33.15 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04.

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.