Myecfo LLC Acquires 1,529,275 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Myecfo LLC raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 206.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,270,249 shares of the company’s stock after purchasing an additional 1,529,275 shares during the period. Schwab US Broad Market ETF accounts for approximately 27.8% of Myecfo LLC’s investment portfolio, making the stock its biggest position. Myecfo LLC’s holdings in Schwab US Broad Market ETF were worth $51,539,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Winthrop Advisory Group LLC increased its holdings in Schwab US Broad Market ETF by 270.0% during the 4th quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock worth $33,514,000 after purchasing an additional 1,077,345 shares in the last quarter. Legacy Private Trust Co. boosted its position in shares of Schwab US Broad Market ETF by 210.0% during the fourth quarter. Legacy Private Trust Co. now owns 1,470,532 shares of the company’s stock valued at $33,381,000 after buying an additional 996,131 shares during the last quarter. WT Wealth Management grew its holdings in Schwab US Broad Market ETF by 195.4% during the third quarter. WT Wealth Management now owns 1,235,645 shares of the company’s stock worth $82,195,000 after buying an additional 817,389 shares in the last quarter. GSG Advisors LLC raised its position in Schwab US Broad Market ETF by 213.0% in the 4th quarter. GSG Advisors LLC now owns 1,008,349 shares of the company’s stock valued at $22,890,000 after buying an additional 686,158 shares during the last quarter. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 196.4% during the 3rd quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 868,604 shares of the company’s stock worth $57,780,000 after acquiring an additional 575,590 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $22.54 on Tuesday. The company has a fifty day moving average price of $23.12 and a 200-day moving average price of $22.14. Schwab US Broad Market ETF has a 1 year low of $18.25 and a 1 year high of $23.73. The firm has a market cap of $10.36 billion, a price-to-earnings 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.