Capital Management Associates Inc Boosts Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Capital Management Associates Inc increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,699,198 shares of the company’s stock after acquiring an additional 1,134,449 shares during the period. Schwab US Broad Market ETF makes up 14.5% of Capital Management Associates Inc’s portfolio, making the stock its biggest position. Capital Management Associates Inc’s holdings in Schwab US Broad Market ETF were worth $38,572,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SCHB. Carnegie Investment Counsel increased its stake in shares of Schwab US Broad Market ETF by 1.5% during the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after acquiring an additional 195 shares during the period. Valeo Financial Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 5.6% during the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after purchasing an additional 292 shares during the period. Successful Portfolios LLC raised its stake in shares of Schwab US Broad Market ETF by 0.6% in the 3rd quarter. Successful Portfolios LLC now owns 72,259 shares of the company’s stock worth $4,807,000 after buying an additional 407 shares in the last quarter. Equita Financial Network Inc. lifted its holdings in shares of 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 buying an additional 451 shares during the period. Finally, Citizens Financial Group Inc. RI boosted its stake in Schwab US Broad Market ETF by 3.7% during the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after buying an additional 470 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 1.0 %

Shares of Schwab US Broad Market ETF stock opened at $23.32 on Friday. Schwab US Broad Market ETF has a 52 week low of $19.04 and a 52 week high of $23.73. The stock has a market cap of $10.72 billion, a PE ratio of 25.24 and a beta of 1.02. The company’s 50-day moving average price is $23.20 and its two-hundred day moving average price is $22.37.

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.