Pacific Capital Wealth Advisors Inc. Boosts Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Pacific Capital Wealth Advisors Inc. grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 176.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,170 shares of the company’s stock after purchasing an additional 39,681 shares during the quarter. Pacific Capital Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $1,411,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SCHB. YHB Investment Advisors Inc. lifted its holdings in Schwab US Broad Market ETF by 194.7% during the fourth quarter. YHB Investment Advisors Inc. now owns 95,507 shares of the company’s stock worth $2,168,000 after buying an additional 63,098 shares during the period. Joseph P. Lucia & Associates LLC raised its position in shares of Schwab US Broad Market ETF by 205.2% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 337,242 shares of the company’s stock worth $7,655,000 after acquiring an additional 226,756 shares in the last quarter. IRON Financial LLC lifted its stake in shares of Schwab US Broad Market ETF by 196.3% during the 4th quarter. IRON Financial LLC now owns 23,477 shares of the company’s stock worth $533,000 after purchasing an additional 15,554 shares during the last quarter. Altus Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 200.9% during the fourth quarter. Altus Wealth Management LLC now owns 31,038 shares of the company’s stock valued at $705,000 after purchasing an additional 20,723 shares in the last quarter. Finally, Northwest Financial Advisors boosted its position in Schwab US Broad Market ETF by 194.8% during the fourth quarter. Northwest Financial Advisors now owns 8,860 shares of the company’s stock valued at $201,000 after purchasing an additional 5,855 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.4 %

NYSEARCA SCHB opened at $23.27 on Tuesday. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73. The company has a 50 day moving average price of $23.16 and a 200 day moving average price of $22.27. The firm has a market cap of $10.70 billion, a PE 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.