Berkshire Asset Management LLC PA Purchases 131,926 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Berkshire Asset Management LLC PA increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 198,841 shares of the company’s stock after buying an additional 131,926 shares during the quarter. Berkshire Asset Management LLC PA’s holdings in Schwab US Broad Market ETF were worth $4,693,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Promus Capital LLC bought a new stake in Schwab US Broad Market ETF during the fourth quarter worth $25,000. Maryland Capital Advisors Inc. raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares during the period. Wiser Advisor Group LLC lifted its stake in Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares during the last quarter. Jackson Grant Investment Advisers Inc. grew its holdings in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after purchasing an additional 834 shares during the period. Finally, Beacon Capital Management LLC grew its holdings in Schwab US Broad Market ETF by 200.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after purchasing an additional 811 shares during the period.

Schwab US Broad Market ETF Stock Down 1.9 %

NYSEARCA:SCHB opened at $22.08 on Friday. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77. The firm has a market capitalization of $31.57 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. The stock’s 50 day moving average price is $23.12 and its two-hundred day moving average price is $22.69.

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.