Boston Financial Mangement LLC Has $618,000 Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Boston Financial Mangement LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 270.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,223 shares of the company’s stock after acquiring an additional 19,878 shares during the period. Boston Financial Mangement LLC’s holdings in Schwab US Broad Market ETF were worth $618,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Maryland Capital Advisors Inc. grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after acquiring an additional 774 shares during the last quarter. Jackson Grant Investment Advisers Inc. grew its stake in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after acquiring an additional 834 shares during the last quarter. Beacon Capital Management LLC grew its stake in shares of Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after acquiring an additional 811 shares during the last quarter. Albion Financial Group UT boosted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after buying an additional 840 shares in the last quarter. Finally, Global Financial Private Client LLC boosted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after buying an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $23.63 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77. The firm’s fifty day moving average price is $23.20 and its two-hundred day moving average price is $22.55. The company has a market capitalization of $10.86 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.