West Financial Advisors LLC Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

West Financial Advisors LLC increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 26,154 shares of the company’s stock after buying an additional 17,348 shares during the period. West Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $594,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 211.0% in the 4th quarter. Carolina Wealth Advisors LLC now owns 13,294 shares of the company’s stock worth $302,000 after purchasing an additional 9,020 shares during the period. Essex Savings Bank increased its position in Schwab US Broad Market ETF by 196.7% during the 4th quarter. Essex Savings Bank now owns 15,557 shares of the company’s stock worth $353,000 after purchasing an additional 10,314 shares in the last quarter. Keeler & Nadler Financial Planning & Wealth Management raised its holdings in Schwab US Broad Market ETF by 152.7% in the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 81,792 shares of the company’s stock valued at $1,857,000 after buying an additional 49,422 shares during the period. Pinnacle Bancorp Inc. lifted its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 14,625 shares of the company’s stock valued at $332,000 after buying an additional 9,750 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. lifted its position in Schwab US Broad Market ETF by 207.9% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 166,106 shares of the company’s stock valued at $3,771,000 after buying an additional 112,150 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 1.9 %

Schwab US Broad Market ETF stock opened at $23.02 on Thursday. The firm has a fifty day moving average of $23.13 and a 200-day moving average of $22.16. Schwab US Broad Market ETF has a 52-week low of $18.25 and a 52-week high of $23.73. The firm has a market capitalization of $10.58 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.