Pflug Koory LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 200.0% in the fourth quarter, HoldingsChannel reports. The firm owned 13,176 shares of the company’s stock after buying an additional 8,784 shares during the period. Pflug Koory LLC’s holdings in Schwab US Broad Market ETF were worth $299,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Sachetta LLC raised its holdings in Schwab US Broad Market ETF by 196.1% in the fourth quarter. Sachetta LLC now owns 136,190 shares of the company’s stock worth $3,092,000 after purchasing an additional 90,188 shares in the last quarter. Midwest Financial Group LLC grew its position in shares of Schwab US Broad Market ETF by 201.1% in the 4th quarter. Midwest Financial Group LLC now owns 46,353 shares of the company’s stock worth $1,052,000 after buying an additional 30,956 shares during the last quarter. CX Institutional raised its stake in shares of Schwab US Broad Market ETF by 203.3% during the 4th quarter. CX Institutional now owns 44,348 shares of the company’s stock worth $1,007,000 after acquiring an additional 29,724 shares in the last quarter. Patriot Investment Management Group Inc. lifted its position in Schwab US Broad Market ETF by 195.5% during the fourth quarter. Patriot Investment Management Group Inc. now owns 1,107,041 shares of the company’s stock valued at $25,130,000 after acquiring an additional 732,441 shares during the last quarter. Finally, LexAurum Advisors LLC boosted its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. LexAurum Advisors LLC now owns 20,550 shares of the company’s stock valued at $466,000 after acquiring an additional 13,700 shares in the last quarter.
Schwab US Broad Market ETF Trading Down 0.3 %
Shares of SCHB stock opened at $23.60 on Friday. The company has a market cap of $10.85 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $18.75 and a 12-month high of $23.73. The business’s fifty day simple moving average is $23.16 and its 200-day simple moving average is $22.26.
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.
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