Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by James J. Burns & Company LLC

James J. Burns & Company LLC raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 738,202 shares of the company’s stock after buying an additional 488,005 shares during the quarter. Schwab US Broad Market ETF makes up about 2.9% of James J. Burns & Company LLC’s holdings, making the stock its 7th largest position. James J. Burns & Company LLC’s holdings in Schwab US Broad Market ETF were worth $16,758,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Mather Group LLC. raised its stake in shares of Schwab US Broad Market ETF by 195.7% during the 4th quarter. Mather Group LLC. now owns 122,754 shares of the company’s stock worth $2,787,000 after purchasing an additional 81,239 shares during the period. Clay Northam Wealth Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 195.6% in the 4th quarter. Clay Northam Wealth Management LLC now owns 23,446 shares of the company’s stock worth $532,000 after purchasing an additional 15,514 shares during the period. Archer Investment Management LLC purchased a new position in Schwab US Broad Market ETF in the fourth quarter valued at approximately $5,012,000. Baltimore Washington Financial Advisors Inc. bought a new position in Schwab US Broad Market ETF during the fourth quarter valued at $410,000. Finally, Marshall Financial Group Inc. ADV increased its position in Schwab US Broad Market ETF by 187.4% in the fourth quarter. Marshall Financial Group Inc. ADV now owns 813,733 shares of the company’s stock worth $18,472,000 after buying an additional 530,601 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $23.20 on Tuesday. The stock has a market capitalization of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.98 and a 52-week high of $23.73. The stock’s 50-day simple moving average is $23.20 and its 200 day simple moving average is $22.33.

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.