One Capital Management LLC Buys 77,733 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

One Capital Management LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 220.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 113,042 shares of the company’s stock after purchasing an additional 77,733 shares during the quarter. One Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,566,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SCHB. Promus Capital LLC acquired a new position in Schwab US Broad Market ETF in the 4th quarter worth about $25,000. Maryland Capital Advisors Inc. grew its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth 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. Wiser Advisor Group LLC increased its stake in shares of Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 785 shares during the period. Jackson Grant Investment Advisers Inc. raised its holdings in 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 buying an additional 834 shares during the last quarter. Finally, Beacon Capital Management LLC boosted 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 during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $22.08 on Friday. The firm has a 50 day moving average price of $23.12 and a two-hundred day moving average price of $22.69. The stock has a market cap of $31.57 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 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.