Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Liberty Capital Management Inc.

Liberty Capital Management Inc. boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 192.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 377,908 shares of the company’s stock after purchasing an additional 248,635 shares during the quarter. Schwab US Broad Market ETF comprises approximately 1.9% of Liberty Capital Management Inc.’s investment portfolio, making the stock its 14th largest position. Liberty Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $8,579,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Carnegie Investment Counsel lifted its position in 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 worth $891,000 after buying an additional 195 shares in the last quarter. Valeo Financial Advisors LLC raised its holdings 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 worth $365,000 after acquiring an additional 292 shares during the period. Equita Financial Network Inc. boosted its position in shares of Schwab US Broad Market ETF by 0.5% during the 3rd 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. Citizens Financial Group Inc. RI grew its holdings in shares of 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 purchasing an additional 470 shares during the period. Finally, Private Advisor Group LLC increased its position in Schwab US Broad Market ETF by 0.7% during the third quarter. Private Advisor Group LLC now owns 71,877 shares of the company’s stock worth $4,781,000 after purchasing an additional 483 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $23.32 on Monday. The company has a market capitalization of $10.72 billion, a PE ratio of 25.24 and a beta of 1.02. The firm’s 50-day moving average is $23.20 and its two-hundred day moving average is $22.39. Schwab US Broad Market ETF has a 12 month low of $19.04 and a 12 month high of $23.73.

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.