Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Fiduciary Group LLC

Fiduciary Group LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 70,771 shares of the company’s stock after acquiring an additional 46,995 shares during the period. Fiduciary Group LLC’s holdings in Schwab US Broad Market ETF were worth $1,607,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Valeo Financial Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock worth $374,000 after buying an additional 10,979 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after buying an additional 9,352 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Schwab US Broad Market ETF by 194.3% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock worth $571,000 after buying an additional 16,602 shares during the last quarter. Fulcrum Equity Management lifted its position in Schwab US Broad Market ETF by 6.3% in the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after purchasing an additional 668 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at about $703,000.

Schwab US Broad Market ETF Stock Up 1.2 %

Shares of NYSEARCA:SCHB opened at $21.88 on Thursday. The company has a market cap of $31.29 billion, a PE ratio of 23.90 and a beta of 1.05. The company’s 50-day moving average price is $22.91 and its 200 day moving average price is $22.70. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two 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.