Schwab US Broad Market ETF (NYSEARCA:SCHB) Position Raised by Valicenti Advisory Services Inc.

Valicenti Advisory Services Inc. lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 198.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 569,445 shares of the company’s stock after purchasing an additional 378,928 shares during the period. Schwab US Broad Market ETF comprises approximately 3.2% of Valicenti Advisory Services Inc.’s portfolio, making the stock its 8th largest position. Valicenti Advisory Services Inc. owned approximately 0.12% of Schwab US Broad Market ETF worth $12,926,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHB. Hengehold Capital Management LLC lifted 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 worth $202,993,000 after buying an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after acquiring an additional 4,281,591 shares in the last quarter. HT Partners LLC lifted its stake in Schwab US Broad Market ETF by 202.6% during the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after purchasing an additional 4,052,932 shares during the last quarter. Summit Financial Strategies Inc. boosted its holdings in Schwab US Broad Market ETF by 192.0% in the fourth quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock valued at $92,005,000 after purchasing an additional 2,665,067 shares in the last quarter. Finally, Rebalance LLC increased its stake in Schwab US Broad Market ETF by 4.6% in the third quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after purchasing an additional 167,787 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.3 %

SCHB stock opened at $23.39 on Wednesday. The stock has a market cap of $10.75 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $18.75 and a twelve month high of $23.73. The company’s 50 day moving average is $23.18 and its two-hundred day moving average is $22.29.

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.