Gradient Capital Advisors LLC Boosts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Gradient Capital Advisors LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,553 shares of the company’s stock after purchasing an additional 51,467 shares during the quarter. Gradient Capital Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,760,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SCHB. Hengehold Capital Management LLC raised its stake in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after acquiring an additional 5,886,366 shares in the last quarter. Strid Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 197.8% during the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after purchasing an additional 5,666,068 shares during the last quarter. Strategic Financial Concepts LLC raised its position in Schwab US Broad Market ETF by 6,492.3% in 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 period. HB Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after purchasing an additional 4,281,591 shares during the last quarter. Finally, HT Partners LLC boosted its position 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 valued at $137,411,000 after buying an additional 4,052,932 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $23.47 on Wednesday. The stock has a market capitalization of $10.79 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock’s 50-day moving average price is $23.20 and its 200-day moving average price is $22.42. Schwab US Broad Market ETF has a 12-month low of $19.04 and a 12-month 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.