Miracle Mile Advisors LLC Buys 13,981 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Miracle Mile Advisors LLC raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 81.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,086 shares of the company’s stock after acquiring an additional 13,981 shares during the period. Miracle Mile Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $706,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Strategic Investment Solutions Inc. IL purchased a new position in shares of Schwab US Broad Market ETF in the 2nd quarter worth about $28,000. Joseph Group Capital Management bought a new stake in Schwab US Broad Market ETF in the 3rd quarter worth $66,000. Northwest Investment Counselors LLC bought a new stake in shares of Schwab US Broad Market ETF in the third quarter worth about $69,000. GAMMA Investing LLC increased its stake in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in Schwab US Broad Market ETF by 314.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,310 shares of the company’s stock valued at $148,000 after purchasing an additional 1,752 shares during the period.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $23.02 on Thursday. Schwab US Broad Market ETF has a 1 year low of $18.25 and a 1 year high of $23.73. The company has a market cap of $10.58 billion, a P/E ratio of 25.24 and a beta of 1.02. The firm has a 50-day moving average of $23.13 and a 200 day moving average of $22.16.

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.