Schnieders Capital Management LLC Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Schnieders Capital Management LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,151 shares of the company’s stock after buying an additional 6,100 shares during the period. Schnieders Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $208,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHB. Valeo Financial Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock worth $374,000 after purchasing an additional 10,979 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Schwab US Broad Market ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after purchasing an additional 9,352 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in Schwab US Broad Market ETF by 194.3% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock worth $571,000 after purchasing an additional 16,602 shares in the last quarter. Fulcrum Equity Management lifted its holdings in Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter worth about $703,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $22.96 on Thursday. The stock’s 50-day simple moving average is $23.19 and its 200 day simple moving average is $22.64. The stock has a market capitalization of $32.83 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77.

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.