Asset Dedication LLC Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Asset Dedication LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 241.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 211,490 shares of the company’s stock after purchasing an additional 149,600 shares during the quarter. Asset Dedication LLC’s holdings in Schwab US Broad Market ETF were worth $4,801,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new stake in Schwab US Broad Market ETF in the 2nd quarter worth approximately $28,000. Albion Financial Group UT raised its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after buying an additional 840 shares in the last quarter. Global Financial Private Client LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after buying an additional 888 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares in the last quarter. Finally, Marquette Asset Management LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after buying an additional 1,062 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $23.45 on Wednesday. The firm’s fifty day moving average price is $23.18 and its 200-day moving average price is $22.29. The stock has a market cap of $10.78 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73.

Schwab US Broad Market ETF Company 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.