Koshinski Asset Management Inc. Grows Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Koshinski Asset Management Inc. increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 147.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 145,740 shares of the company’s stock after buying an additional 86,809 shares during the period. Koshinski Asset Management Inc.’s holdings in Schwab US Broad Market ETF were worth $3,308,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SCHB. Renaissance Technologies LLC purchased a new position in shares of Schwab US Broad Market ETF during the second quarter worth about $704,000. AE Wealth Management LLC grew its stake in Schwab US Broad Market ETF by 13.2% in the 2nd quarter. AE Wealth Management LLC now owns 12,922 shares of the company’s stock worth $812,000 after buying an additional 1,508 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 314.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,310 shares of the company’s stock worth $148,000 after buying an additional 1,752 shares during the last quarter. Bank of Montreal Can raised its position in shares of Schwab US Broad Market ETF by 60.0% during the 2nd quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock valued at $715,000 after buying an additional 4,223 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter worth $241,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $23.21 on Tuesday. The firm has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.34 and a 52-week high of $23.73. The firm has a fifty day moving average of $23.12 and a 200 day moving average of $22.21.

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.