Schwab US Broad Market ETF (NYSEARCA:SCHB) Position Raised by Montag A & Associates Inc.

Montag A & Associates Inc. raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,776 shares of the company’s stock after purchasing an additional 2,522 shares during the quarter. Montag A & Associates Inc.’s holdings in Schwab US Broad Market ETF were worth $86,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Wedgewood Investors Inc. PA raised its position in shares of Schwab US Broad Market ETF by 200.3% during the fourth quarter. Wedgewood Investors Inc. PA now owns 9,074 shares of the company’s stock worth $206,000 after purchasing an additional 6,052 shares during the period. Roxbury Financial LLC acquired a new stake in Schwab US Broad Market ETF during the 4th quarter worth about $70,000. Manchester Capital Management LLC lifted its stake in Schwab US Broad Market ETF by 151.1% during the fourth quarter. Manchester Capital Management LLC now owns 2,026 shares of the company’s stock valued at $46,000 after buying an additional 1,219 shares in the last quarter. Compass Financial Group INC SD boosted its holdings in shares of Schwab US Broad Market ETF by 222.4% in the fourth quarter. Compass Financial Group INC SD now owns 2,720,223 shares of the company’s stock worth $61,749,000 after buying an additional 1,876,442 shares during the period. Finally, Maryland Capital Advisors Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares during the period.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $23.65 on Tuesday. The firm’s 50 day moving average price is $23.19 and its two-hundred day moving average price is $22.49. The stock has a market cap of $10.87 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.73.

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.