Schwab US Broad Market ETF (NYSEARCA:SCHB) Holdings Lifted by Ashford Advisors LLC

Ashford Advisors LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.6% during the 4th quarter, Holdings Channel reports. The firm owned 758,748 shares of the company’s stock after purchasing an additional 502,026 shares during the quarter. Schwab US Broad Market ETF makes up approximately 4.0% of Ashford Advisors LLC’s holdings, making the stock its 5th largest holding. Ashford Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $17,224,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHB. Maryland Capital Advisors Inc. boosted its stake in 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 valued at $26,000 after acquiring an additional 774 shares during the last quarter. Jackson Grant Investment Advisers Inc. boosted its stake in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after acquiring an additional 834 shares during the last quarter. Beacon Capital Management LLC boosted its stake in Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after acquiring an additional 811 shares during the last quarter. Albion Financial Group UT boosted its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after acquiring an additional 840 shares during the last quarter. Finally, Global Financial Private Client LLC boosted its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after acquiring an additional 888 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.5 %

SCHB opened at $23.63 on Friday. The stock has a market cap of $10.86 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 $23.77. The company’s 50-day moving average price is $23.20 and its two-hundred day moving average price is $22.55.

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.