Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 182.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 121,323 shares of the company’s stock after buying an additional 78,402 shares during the period. Janney Montgomery Scott LLC’s holdings in Schwab US Broad Market ETF were worth $2,754,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SCHB. Bartlett & CO. Wealth Management LLC grew its position in Schwab US Broad Market ETF by 199.6% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,079,436 shares of the company’s stock worth $24,503,000 after purchasing an additional 719,106 shares in the last quarter. Albion Financial Group UT lifted its position 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 worth $29,000 after purchasing an additional 840 shares during the period. Advisory Alpha LLC grew its stake in shares of Schwab US Broad Market ETF by 186.2% in the 4th quarter. Advisory Alpha LLC now owns 85,122 shares of the company’s stock valued at $1,932,000 after purchasing an additional 55,380 shares during the period. Missouri Trust & Investment Co increased its position in shares of Schwab US Broad Market ETF by 295.7% during the 4th quarter. Missouri Trust & Investment Co now owns 52,610 shares of the company’s stock worth $1,194,000 after purchasing an additional 39,316 shares in the last quarter. Finally, Dakota Wealth Management boosted its stake in Schwab US Broad Market ETF by 179.6% in the fourth quarter. Dakota Wealth Management now owns 22,050 shares of the company’s stock worth $501,000 after purchasing an additional 14,164 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $23.36 on Friday. The company’s 50 day simple moving average is $23.20 and its 200-day simple moving average is $22.31. The stock has a market capitalization of $10.74 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $18.75 and a one year 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.