Foster & Motley Inc. Purchases 290 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Foster & Motley Inc. raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,793 shares of the company’s stock after acquiring an additional 290 shares during the quarter. Foster & Motley Inc.’s holdings in Schwab US Broad Market ETF were worth $545,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Capital Investment Advisors LLC increased its position in Schwab US Broad Market ETF by 4.1% in the 4th quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock valued at $272,000 after acquiring an additional 192 shares during the period. Hendershot Investments Inc. raised its position in shares of Schwab US Broad Market ETF by 0.8% during the third quarter. Hendershot Investments Inc. now owns 27,652 shares of the company’s stock worth $1,378,000 after acquiring an additional 211 shares during the last quarter. Kades & Cheifetz LLC raised its position in shares of Schwab US Broad Market ETF by 2.8% during the fourth quarter. Kades & Cheifetz LLC now owns 8,215 shares of the company’s stock worth $457,000 after acquiring an additional 220 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of Schwab US Broad Market ETF by 55.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after acquiring an additional 221 shares during the period. Finally, BNC Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 1.0% in the fourth quarter. BNC Wealth Management LLC now owns 23,461 shares of the company’s stock valued at $1,306,000 after acquiring an additional 236 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $58.83 on Thursday. Schwab US Broad Market ETF has a 52-week low of $46.92 and a 52-week high of $61.18. The company’s 50 day moving average price is $59.57 and its 200-day moving average price is $55.70. The company has a market capitalization of $26.98 billion, a P/E ratio of 24.49 and a beta of 1.03.

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.