Lake Street Advisors Group LLC Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Lake Street Advisors Group LLC increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 109,733 shares of the company’s stock after purchasing an additional 73,155 shares during the period. Lake Street Advisors Group LLC’s holdings in Schwab US Broad Market ETF were worth $2,491,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Maryland Capital Advisors Inc. lifted its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares during the last quarter. Jackson Grant Investment Advisers Inc. increased its holdings in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares during the period. Beacon Capital Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.2% in the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after acquiring an additional 811 shares during the last quarter. Albion Financial Group UT boosted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after acquiring an additional 840 shares during the period. Finally, Global Financial Private Client LLC grew its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after acquiring an additional 888 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $22.93 on Wednesday. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The business’s 50 day simple moving average is $23.18 and its two-hundred day simple moving average is $22.64. The stock has a market capitalization of $32.79 billion, a P/E ratio of 25.96 and a beta of 1.04.

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.