McAdam LLC Purchases 14,193 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

McAdam LLC grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 91.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,783 shares of the company’s stock after buying an additional 14,193 shares during the period. McAdam LLC’s holdings in Schwab US Broad Market ETF were worth $676,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Hengehold Capital Management LLC grew its stake in Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after acquiring an additional 5,886,366 shares during the period. HB Wealth Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after purchasing an additional 4,281,591 shares in the last quarter. HT Partners LLC lifted its holdings in shares of Schwab US Broad Market ETF by 202.6% during the 4th quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after purchasing an additional 4,052,932 shares in the last quarter. Hanson & Doremus Investment Management grew its position in shares of Schwab US Broad Market ETF by 203.1% in the 4th quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock valued at $133,961,000 after purchasing an additional 3,954,414 shares during the period. Finally, Summit Financial Strategies Inc. increased its stake in Schwab US Broad Market ETF by 192.0% during the 4th quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock worth $92,005,000 after purchasing an additional 2,665,067 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $23.36 on Monday. The firm has a market cap of $10.74 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 $18.75 and a twelve month high of $23.73. The firm’s 50 day moving average price is $23.20 and its two-hundred day moving average price is $22.32.

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.