Rossby Financial LCC Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Rossby Financial LCC boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 15,585 shares of the company’s stock after buying an additional 1,262 shares during the quarter. Rossby Financial LCC’s holdings in Schwab US Broad Market ETF were worth $331,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHB. Promus Capital LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth $25,000. Blume Capital Management Inc. raised its holdings in Schwab US Broad Market ETF by 200.3% in the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after buying an additional 741 shares during the period. Tucker Asset Management LLC lifted its position in Schwab US Broad Market ETF by 233.9% in the fourth quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after buying an additional 765 shares during the last quarter. Studio Investment Management LLC boosted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after buying an additional 728 shares during the period. Finally, Johnson Financial Group Inc. boosted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Johnson Financial Group Inc. now owns 1,191 shares of the company’s stock worth $28,000 after buying an additional 794 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $23.95 on Thursday. The firm has a 50-day simple moving average of $22.65 and a two-hundred day simple moving average of $22.43. The stock has a market cap of $34.47 billion, a PE ratio of 24.59 and a beta of 1.03. Schwab US Broad Market ETF has a 1-year low of $18.53 and a 1-year high of $23.95.

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.