Advisory Alpha LLC Purchases 55,380 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Advisory Alpha LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 186.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,122 shares of the company’s stock after buying an additional 55,380 shares during the period. Advisory Alpha LLC’s holdings in Schwab US Broad Market ETF were worth $1,932,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Versant Capital Management Inc boosted its stake in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after acquiring an additional 9,352 shares in the last quarter. Fulcrum Equity Management boosted its position in shares of Schwab US Broad Market ETF by 6.3% in the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth approximately $703,000. Franklin Resources Inc. increased its position in Schwab US Broad Market ETF by 952.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after buying an additional 4,000 shares in the last quarter. Finally, Tudor Financial Inc. purchased a new position in Schwab US Broad Market ETF during the third quarter valued at $996,000.

Schwab US Broad Market ETF Trading Up 0.9 %

Schwab US Broad Market ETF stock opened at $23.43 on Wednesday. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month high of $23.73. The company has a market capitalization of $10.77 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business’s fifty day simple moving average is $23.12 and its two-hundred day simple moving average is $22.21.

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.