Arcadia Investment Advisors LLC Acquires 191,361 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Arcadia Investment Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 194.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 289,872 shares of the company’s stock after purchasing an additional 191,361 shares during the quarter. Schwab US Broad Market ETF comprises 3.6% of Arcadia Investment Advisors LLC’s portfolio, making the stock its 14th biggest holding. Arcadia Investment Advisors LLC owned 0.06% of Schwab US Broad Market ETF worth $6,580,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Lederer & Associates Investment Counsel CA raised its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Lederer & Associates Investment Counsel CA now owns 18,999 shares of the company’s stock valued at $431,000 after purchasing an additional 12,666 shares during the period. Panoramic Investment Advisors LLC raised its stake in Schwab US Broad Market ETF by 219.4% during the 4th quarter. Panoramic Investment Advisors LLC now owns 86,873 shares of the company’s stock valued at $1,972,000 after purchasing an additional 59,678 shares during the period. S.A. Mason LLC raised its stake in Schwab US Broad Market ETF by 200.1% during the 4th quarter. S.A. Mason LLC now owns 69,550 shares of the company’s stock valued at $1,579,000 after purchasing an additional 46,375 shares during the period. Princeton Global Asset Management LLC raised its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Princeton Global Asset Management LLC now owns 4,449 shares of the company’s stock valued at $101,000 after purchasing an additional 2,966 shares during the period. Finally, Magnolia Capital Advisors LLC raised its stake in Schwab US Broad Market ETF by 226.9% during the 4th quarter. Magnolia Capital Advisors LLC now owns 11,598 shares of the company’s stock valued at $263,000 after purchasing an additional 8,050 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $23.36 on Monday. The stock has a market capitalization of $10.74 billion, a PE ratio of 25.24 and a beta of 1.02. The business has a 50 day simple moving average of $23.20 and a two-hundred day simple moving average of $22.32. Schwab US Broad Market ETF has a 1-year low of $18.75 and a 1-year 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.