Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by CRA Financial Services LLC

CRA Financial Services LLC lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% during the first quarter, HoldingsChannel.com reports. The fund owned 53,835 shares of the company’s stock after purchasing an additional 1,457 shares during the quarter. Schwab US Broad Market ETF makes up 0.7% of CRA Financial Services LLC’s holdings, making the stock its 29th largest position. CRA Financial Services LLC’s holdings in Schwab US Broad Market ETF were worth $3,287,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SCHB. Creative Financial Designs Inc. ADV lifted its position in Schwab US Broad Market ETF by 55.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after acquiring an additional 221 shares during the period. BKM Wealth Management LLC acquired a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at approximately $41,000. Bfsg LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $41,000. Johnson Financial Group Inc. grew its holdings in Schwab US Broad Market ETF by 76.3% during the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after acquiring an additional 319 shares during the period. Finally, Evolution Advisers Inc. raised its position in Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after acquiring an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock traded down $0.22 during midday trading on Friday, reaching $62.87. The company’s stock had a trading volume of 720,946 shares, compared to its average volume of 806,919. Schwab US Broad Market ETF has a fifty-two week low of $47.46 and a fifty-two week high of $63.52. The firm has a market capitalization of $28.90 billion, a PE ratio of 25.24 and a beta of 1.02. The stock’s 50 day simple moving average is $61.21 and its 200 day simple moving average is $59.06.

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.