Silver Oak Advisory Group Inc. Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Silver Oak Advisory Group Inc. lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 192.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,403 shares of the company’s stock after buying an additional 123,877 shares during the quarter. Schwab US Broad Market ETF makes up about 2.3% of Silver Oak Advisory Group Inc.’s holdings, making the stock its 12th biggest holding. Silver Oak Advisory Group Inc.’s holdings in Schwab US Broad Market ETF were worth $4,276,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Geometric Wealth Advisors grew its position in shares of Schwab US Broad Market ETF by 209.0% in the 4th quarter. Geometric Wealth Advisors now owns 88,718 shares of the company’s stock worth $2,014,000 after buying an additional 60,009 shares during the period. Smith & Howard Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Smith & Howard Wealth Management LLC now owns 70,221 shares of the company’s stock worth $1,594,000 after buying an additional 46,814 shares during the period. Founders Financial Alliance LLC grew its position in shares of Schwab US Broad Market ETF by 198.9% in the 4th quarter. Founders Financial Alliance LLC now owns 11,100 shares of the company’s stock worth $252,000 after buying an additional 7,386 shares during the period. Staley Capital Advisers Inc. grew its position in shares of Schwab US Broad Market ETF by 196.7% in the 4th quarter. Staley Capital Advisers Inc. now owns 61,280 shares of the company’s stock worth $1,391,000 after buying an additional 40,629 shares during the period. Finally, Morling Financial Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 179.4% in the 4th quarter. Morling Financial Advisors LLC now owns 50,025 shares of the company’s stock worth $1,136,000 after buying an additional 32,119 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $21.58 on Tuesday. The company has a market capitalization of $30.86 billion, a PE ratio of 25.96 and a beta of 1.04. The firm’s 50-day moving average price is $23.08 and its 200-day moving average price is $22.71. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77.

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.