Schwab US Broad Market ETF (NYSEARCA:SCHB) Stock Position Boosted by Clear Point Advisors Inc.

Clear Point Advisors Inc. boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 198.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,039 shares of the company’s stock after purchasing an additional 125,139 shares during the period. Schwab US Broad Market ETF makes up 3.6% of Clear Point Advisors Inc.’s holdings, making the stock its 4th biggest holding. Clear Point Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $4,268,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Equita Financial Network Inc. increased its position in shares of Schwab US Broad Market ETF by 0.5% during the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after acquiring an additional 451 shares during the last quarter. Cornerstone Planning Group LLC increased its position in shares of Schwab US Broad Market ETF by 4.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after acquiring an additional 462 shares during the last quarter. Citizens Financial Group Inc. RI increased its position in shares of Schwab US Broad Market ETF by 3.7% during the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after acquiring an additional 470 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Schwab US Broad Market ETF by 0.7% during the third quarter. Private Advisor Group LLC now owns 71,877 shares of the company’s stock valued at $4,781,000 after acquiring an additional 483 shares during the last quarter. Finally, Financial Consulate Inc. increased its position in shares of Schwab US Broad Market ETF by 1.3% during the third quarter. Financial Consulate Inc. now owns 40,190 shares of the company’s stock valued at $2,673,000 after acquiring an additional 501 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.71 on Wednesday. The stock has a market capitalization of $10.90 billion, a P/E ratio of 25.24 and a beta of 1.02. The company has a 50 day moving average price of $23.19 and a 200 day moving average price of $22.51. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.73.

Schwab US Broad Market ETF Company 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.