Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Friedenthal Financial

Friedenthal Financial grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3,120.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,772 shares of the company’s stock after acquiring an additional 71,481 shares during the quarter. Schwab US Broad Market ETF comprises approximately 1.0% of Friedenthal Financial’s investment portfolio, making the stock its 22nd biggest position. Friedenthal Financial’s holdings in Schwab US Broad Market ETF were worth $1,675,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Burkett Financial Services LLC increased its position in Schwab US Broad Market ETF by 1.4% during the third quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock worth $897,000 after purchasing an additional 183 shares during the last quarter. Carnegie Investment Counsel raised its position in shares of Schwab US Broad Market ETF by 1.5% during the 3rd quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after buying an additional 195 shares during the period. Evanson Asset Management LLC lifted its holdings in Schwab US Broad Market ETF by 1.8% in the third quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock valued at $751,000 after acquiring an additional 198 shares during the last quarter. Citizens Financial Group Inc. RI grew its position in Schwab US Broad Market ETF by 1.8% in the second quarter. Citizens Financial Group Inc. RI now owns 12,820 shares of the company’s stock worth $809,000 after acquiring an additional 227 shares during the period. Finally, Long Island Wealth Management Inc. increased its stake in Schwab US Broad Market ETF by 0.4% during the second quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock worth $3,871,000 after acquiring an additional 262 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock traded up $0.04 during trading hours on Monday, hitting $22.54. The company’s stock had a trading volume of 4,044,650 shares, compared to its average volume of 4,331,969. The firm has a fifty day moving average of $23.11 and a 200-day moving average of $22.13. The stock has a market cap of $10.36 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $18.25 and a twelve month high of $23.73.

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.