Scarborough Advisors LLC Makes New Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Scarborough Advisors LLC acquired a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 779 shares of the company’s stock, valued at approximately $43,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SCHB. QRG Capital Management Inc. acquired a new position in Schwab US Broad Market ETF in the third quarter worth $428,000. FMR LLC raised its position in shares of Schwab US Broad Market ETF by 16.7% during the third quarter. FMR LLC now owns 144,190 shares of the company’s stock worth $7,188,000 after acquiring an additional 20,638 shares during the last quarter. LPL Financial LLC raised its position in shares of Schwab US Broad Market ETF by 5.1% during the third quarter. LPL Financial LLC now owns 498,292 shares of the company’s stock worth $24,840,000 after acquiring an additional 24,163 shares during the last quarter. Mariner LLC raised its position in shares of Schwab US Broad Market ETF by 1.4% during the third quarter. Mariner LLC now owns 1,236,766 shares of the company’s stock worth $61,652,000 after acquiring an additional 17,613 shares during the last quarter. Finally, FFT Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 0.4% during the third quarter. FFT Wealth Management LLC now owns 1,593,205 shares of the company’s stock worth $79,421,000 after acquiring an additional 5,851 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.3 %

SCHB stock opened at $63.30 on Wednesday. The company has a market cap of $29.10 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $47.46 and a twelve month high of $63.30. The business has a fifty day moving average of $60.53 and a 200-day moving average of $58.55.

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.