Cornerstone Advisors Asset Management LLC Purchases 17,263 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cornerstone Advisors Asset Management LLC raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 25,849 shares of the company’s stock after buying an additional 17,263 shares during the period. Cornerstone Advisors Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $587,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SCHB. Hengehold Capital Management LLC grew its holdings 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 valued at $202,993,000 after buying an additional 5,886,366 shares during the last quarter. Strid Group LLC lifted its position in Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after acquiring an additional 5,666,068 shares in the last quarter. HB Wealth Management LLC boosted its stake in 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 valued at $147,681,000 after purchasing an additional 4,281,591 shares during the last quarter. HT Partners LLC boosted its stake in Schwab US Broad Market ETF by 202.6% during the 4th quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after purchasing an additional 4,052,932 shares during the last quarter. Finally, Hanson & Doremus Investment Management increased its holdings in Schwab US Broad Market ETF by 203.1% during the 4th quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock worth $133,961,000 after purchasing an additional 3,954,414 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.3 %

Shares of Schwab US Broad Market ETF stock opened at $23.71 on Wednesday. The company has a market cap of $10.90 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.73. The business has a 50 day moving average price of $23.19 and a 200-day moving average price of $22.51.

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.