D.A. Davidson & CO. Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

D.A. Davidson & CO. raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,442 shares of the company’s stock after acquiring an additional 35,628 shares during the quarter. D.A. Davidson & CO.’s holdings in Schwab US Broad Market ETF were worth $1,213,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHB. Hengehold Capital Management LLC boosted its stake in Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after buying an additional 5,886,366 shares during the last quarter. Strid Group LLC increased its position in Schwab US Broad Market ETF by 197.8% during the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after purchasing an additional 5,666,068 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in shares of Schwab US Broad Market ETF by 6,492.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock valued at $112,585,000 after acquiring an additional 4,884,457 shares during the period. Empower Advisory Group LLC raised its position in Schwab US Broad Market ETF by 2,357.8% in the fourth quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock valued at $111,055,000 after purchasing an additional 4,693,222 shares during the period. Finally, HB Wealth Management LLC lifted its position in Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after acquiring an additional 4,281,591 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 1.9 %

Shares of SCHB stock opened at $23.18 on Monday. The firm has a fifty day simple moving average of $23.20 and a 200-day simple moving average of $22.60. The company has a market capitalization of $33.15 billion, a PE ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77.

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.