Sigma Investment Counselors Inc. Purchases 83,549 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Sigma Investment Counselors Inc. lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 126,101 shares of the company’s stock after buying an additional 83,549 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in Schwab US Broad Market ETF were worth $2,862,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Equita Financial Network Inc. boosted its holdings in Schwab US Broad Market ETF by 0.5% in the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after acquiring an additional 451 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in Schwab US Broad Market ETF by 4.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after acquiring an additional 462 shares during the last quarter. Citizens Financial Group Inc. RI boosted its holdings in Schwab US Broad Market ETF by 3.7% in the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after acquiring an additional 470 shares during the last quarter. Private Advisor Group LLC lifted its stake in Schwab US Broad Market ETF by 0.7% in the third quarter. Private Advisor Group LLC now owns 71,877 shares of the company’s stock valued at $4,781,000 after buying an additional 483 shares during the period. Finally, Walter & Keenan Wealth Management LLC IN ADV lifted its stake in Schwab US Broad Market ETF by 0.6% in the third quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 92,093 shares of the company’s stock valued at $6,126,000 after buying an additional 559 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $23.18 on Friday. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The business’s 50 day moving average price is $23.20 and its two-hundred day moving average price is $22.57. The firm has a market cap of $33.15 billion, a PE ratio of 25.96 and a beta of 1.04.

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.