Cubic Asset Management LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cubic Asset Management LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHBGet Rating) by 94.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,709 shares of the company’s stock after purchasing an additional 2,774 shares during the quarter. Cubic Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $305,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Patriot Financial Group Insurance Agency LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter valued at $142,000. Wedmont Private Capital acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $310,000. Acropolis Investment Management LLC increased its stake in shares of Schwab US Broad Market ETF by 19.9% in the 4th quarter. Acropolis Investment Management LLC now owns 1,492 shares of the company’s stock valued at $169,000 after purchasing an additional 248 shares in the last quarter. YHB Investment Advisors Inc. boosted its position in Schwab US Broad Market ETF by 9.6% during the fourth quarter. YHB Investment Advisors Inc. now owns 28,264 shares of the company’s stock worth $3,194,000 after purchasing an additional 2,486 shares in the last quarter. Finally, Alliance Wealth Management Group boosted its position in Schwab US Broad Market ETF by 0.3% during the fourth quarter. Alliance Wealth Management Group now owns 103,653 shares of the company’s stock worth $11,714,000 after purchasing an additional 344 shares in the last quarter.

Shares of SCHB stock opened at $45.01 on Wednesday. Schwab US Broad Market ETF has a 1-year low of $42.60 and a 1-year high of $57.10. The stock has a 50 day simple moving average of $46.54 and a 200-day simple moving average of $50.69.

Schwab US Broad Market ETF Company Profile (Get Rating)

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.

See Also

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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