Ballast Advisors LLC Raises Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ballast Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 272,320 shares of the company’s stock after buying an additional 181,456 shares during the period. Schwab US Broad Market ETF makes up about 1.9% of Ballast Advisors LLC’s portfolio, making the stock its 12th largest position. Ballast Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $6,182,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SCHB. Lowe Brockenbrough & Co. Inc. boosted its holdings in Schwab US Broad Market ETF by 197.5% during the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 215,078 shares of the company’s stock worth $4,882,000 after acquiring an additional 142,777 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 15,357 shares of the company’s stock valued at $349,000 after purchasing an additional 10,238 shares in the last quarter. SigFig Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 186.3% during the fourth quarter. SigFig Wealth Management LLC now owns 528,358 shares of the company’s stock worth $11,994,000 after purchasing an additional 343,840 shares during the last quarter. Holderness Investments Co. grew its position in Schwab US Broad Market ETF by 210.2% in the 4th quarter. Holderness Investments Co. now owns 89,603 shares of the company’s stock worth $2,034,000 after purchasing an additional 60,720 shares in the last quarter. Finally, HUB Investment Partners LLC increased its stake in Schwab US Broad Market ETF by 350.5% in the 4th quarter. HUB Investment Partners LLC now owns 74,420 shares of the company’s stock valued at $1,689,000 after buying an additional 57,899 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.3 %

Shares of NYSEARCA SCHB opened at $21.82 on Friday. The company has a market capitalization of $31.20 billion, a PE ratio of 23.90 and a beta of 1.05. The stock’s 50 day moving average price is $22.89 and its 200-day moving average price is $22.69. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month 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.