Farrow Financial Inc. Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Farrow Financial Inc. lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 185.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,822 shares of the company’s stock after buying an additional 23,903 shares during the quarter. Farrow Financial Inc.’s holdings in Schwab US Broad Market ETF were worth $839,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Jackson Hole Capital Partners LLC lifted its stake in shares of Schwab US Broad Market ETF by 190.3% during the 4th quarter. Jackson Hole Capital Partners LLC now owns 103,609 shares of the company’s stock valued at $2,352,000 after buying an additional 67,924 shares in the last quarter. Horan Securities Inc. increased its holdings in Schwab US Broad Market ETF by 128.0% during the 4th quarter. Horan Securities Inc. now owns 27,529 shares of the company’s stock worth $625,000 after acquiring an additional 15,454 shares during the period. United Community Bank bought a new stake in Schwab US Broad Market ETF during the 4th quarter worth approximately $109,000. Strategic Equity Management increased its holdings in Schwab US Broad Market ETF by 174.1% during the 4th quarter. Strategic Equity Management now owns 13,466 shares of the company’s stock worth $306,000 after acquiring an additional 8,553 shares during the period. Finally, Naviter Wealth LLC increased its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Naviter Wealth LLC now owns 21,696 shares of the company’s stock worth $492,000 after acquiring an additional 14,464 shares during the period.

Schwab US Broad Market ETF Trading Up 0.5 %

Schwab US Broad Market ETF stock opened at $22.18 on Friday. The firm’s 50 day simple moving average is $23.10 and its 200 day simple moving average is $22.70. The firm has a market capitalization of $31.72 billion, a PE ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year 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.