Schwab US Broad Market ETF (NYSEARCA:SCHB) is Cape Investment Advisory Inc.’s Largest Position

Cape Investment Advisory Inc. raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,577,187 shares of the company’s stock after acquiring an additional 1,054,310 shares during the quarter. Schwab US Broad Market ETF makes up 14.0% of Cape Investment Advisory Inc.’s holdings, making the stock its largest holding. Cape Investment Advisory Inc.’s holdings in Schwab US Broad Market ETF were worth $35,802,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHB. Maryland Capital Advisors Inc. increased its stake 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 buying an additional 774 shares during the period. Wiser Advisor Group LLC grew its stake in Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after acquiring an additional 785 shares in the last quarter. Jackson Grant Investment Advisers Inc. increased its position in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after acquiring an additional 834 shares during the period. Beacon Capital Management LLC raised its stake in shares of Schwab US Broad Market ETF by 200.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after acquiring an additional 811 shares in the last quarter. Finally, Albion Financial Group UT raised its stake in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after acquiring an additional 840 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 1.5 %

Shares of NYSEARCA:SCHB opened at $22.92 on Friday. The business’s 50 day moving average is $23.19 and its 200 day moving average is $22.67. The stock has a market cap of $32.78 billion, a P/E ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week 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.