Schwab US Broad Market ETF $SCHB Shares Bought by IMA Advisory Services Inc.

IMA Advisory Services Inc. increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 872,697 shares of the company’s stock after purchasing an additional 41,745 shares during the quarter. Schwab US Broad Market ETF accounts for about 2.2% of IMA Advisory Services Inc.’s holdings, making the stock its 12th largest holding. IMA Advisory Services Inc. owned 0.06% of Schwab US Broad Market ETF worth $22,891,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $27,000. Wiser Advisor Group LLC acquired a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $29,000. LRI Investments LLC acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $35,000. Basepoint Wealth LLC acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $38,000. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $51,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $28.45 on Monday. Schwab US Broad Market ETF has a one year low of $22.88 and a one year high of $29.35. The stock has a market cap of $42.07 billion, a PE ratio of 25.08 and a beta of 1.02. The stock has a 50 day moving average price of $27.50 and a 200 day moving average price of $26.71.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.