Horan Capital Advisors LLC. Grows Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Horan Capital Advisors LLC. raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 465,225 shares of the company’s stock after acquiring an additional 310,085 shares during the quarter. Schwab US Broad Market ETF makes up 3.6% of Horan Capital Advisors LLC.’s holdings, making the stock its 6th largest holding. Horan Capital Advisors LLC.’s holdings in Schwab US Broad Market ETF were worth $10,561,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Maryland Capital Advisors Inc. lifted its stake in shares of Schwab US Broad Market ETF by 200.0% during the 4th 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. Wiser Advisor Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares during the period. 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 valued at $28,000 after purchasing an additional 834 shares during the period. Beacon Capital Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after purchasing an additional 811 shares during the period. Finally, Albion Financial Group UT increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after purchasing an additional 840 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $22.53 on Tuesday. The stock’s 50-day simple moving average is $23.18 and its 200-day simple moving average is $22.69. The firm has a market capitalization of $32.22 billion, a PE ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77.

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.