Modus Advisors LLC Has $1.80 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Modus Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 205.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 79,373 shares of the company’s stock after purchasing an additional 53,393 shares during the quarter. Modus Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,802,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SCHB. Fulcrum Equity Management increased its stake in Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after acquiring an additional 668 shares during the last quarter. Franklin Resources Inc. lifted its stake in Schwab US Broad Market ETF by 952.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after purchasing an additional 4,000 shares during the last quarter. Boulder Wealth Advisors LLC boosted its position in Schwab US Broad Market ETF by 1.2% in the third quarter. Boulder Wealth Advisors LLC now owns 502,321 shares of the company’s stock valued at $33,414,000 after buying an additional 5,879 shares in the last quarter. Tudor Financial Inc. acquired a new position in shares of Schwab US Broad Market ETF during the third quarter worth $996,000. Finally, Merriman Wealth Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 4.2% during the 2nd quarter. Merriman Wealth Management LLC now owns 13,296 shares of the company’s stock valued at $836,000 after acquiring an additional 532 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.6 %

SCHB traded up $0.13 on Friday, reaching $22.79. The stock had a trading volume of 656,455 shares, compared to its average volume of 2,923,356. The company has a market capitalization of $10.48 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.17 and a fifty-two week high of $23.73. The firm has a 50-day moving average of $23.05 and a 200-day moving average of $22.04.

About Schwab US Broad Market ETF

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.