L. Roy Papp & Associates LLP Purchases 100,730 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

L. Roy Papp & Associates LLP boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 214.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 147,672 shares of the company’s stock after acquiring an additional 100,730 shares during the period. L. Roy Papp & Associates LLP’s holdings in Schwab US Broad Market ETF were worth $3,352,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $620,000. Valeo Financial Advisors LLC increased its position in Schwab US Broad Market ETF by 5.6% in the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock worth $365,000 after buying an additional 292 shares during the period. Carnegie Investment Counsel lifted its holdings in shares of Schwab US Broad Market ETF by 1.5% during the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock worth $891,000 after buying an additional 195 shares during the last quarter. Creative Planning lifted its holdings in shares of Schwab US Broad Market ETF by 0.7% during the third quarter. Creative Planning now owns 684,684 shares of the company’s stock worth $45,545,000 after buying an additional 4,734 shares during the last quarter. Finally, Peak Financial Management Inc. boosted its position in shares of Schwab US Broad Market ETF by 2.9% in the third quarter. Peak Financial Management Inc. now owns 140,198 shares of the company’s stock valued at $9,326,000 after acquiring an additional 3,908 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $23.47 on Wednesday. The company has a market cap of $10.79 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $19.04 and a 1 year high of $23.73. The company’s fifty day simple moving average is $23.20 and its 200-day simple moving average is $22.42.

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.