Schwab US Broad Market ETF (NYSEARCA:SCHB) Stock Position Boosted by Marshall Financial Group Inc. ADV

Marshall Financial Group Inc. ADV boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 187.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 813,733 shares of the company’s stock after buying an additional 530,601 shares during the period. Schwab US Broad Market ETF accounts for approximately 5.6% of Marshall Financial Group Inc. ADV’s holdings, making the stock its 8th largest holding. Marshall Financial Group Inc. ADV’s holdings in Schwab US Broad Market ETF were worth $18,472,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Albion Financial Group UT raised its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after acquiring an additional 840 shares during the period. Global Financial Private Client LLC raised its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the period. GAMMA Investing LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after purchasing an additional 964 shares in the last quarter. Capital Investment Advisory Services LLC boosted its position in shares of Schwab US Broad Market ETF by 128.0% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock worth $35,000 after buying an additional 854 shares during the period. Finally, Marquette Asset Management LLC grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after buying an additional 1,062 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 2.1 %

SCHB opened at $23.02 on Monday. The firm’s 50 day moving average is $23.20 and its 200-day moving average is $22.32. Schwab US Broad Market ETF has a 52-week low of $18.75 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.