Charles Schwab Investment Management Inc. Invests $27.57 Million in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Charles Schwab Investment Management Inc. purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,214,411 shares of the company’s stock, valued at approximately $27,567,000. Charles Schwab Investment Management Inc. owned 0.26% of Schwab US Broad Market ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Hengehold Capital Management LLC boosted its holdings in Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after acquiring an additional 5,886,366 shares during the period. Strid Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 197.8% during the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after purchasing an additional 5,666,068 shares during the last quarter. Bouchey Financial Group Ltd boosted its holdings in shares of Schwab US Broad Market ETF by 213.4% in the fourth quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after acquiring an additional 5,560,636 shares during the period. Strategic Financial Concepts LLC grew its position in Schwab US Broad Market ETF by 6,492.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock worth $112,585,000 after purchasing an additional 4,884,457 shares during the last quarter. Finally, Empower Advisory Group LLC increased its position in Schwab US Broad Market ETF by 2,357.8% in the 4th quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock valued at $111,055,000 after acquiring an additional 4,693,222 shares during the period.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $21.85 on Tuesday. The company has a market cap of $31.25 billion, a PE ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The stock’s 50 day moving average price is $22.95 and its 200 day moving average price is $22.71.

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.