Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,064,450 shares of the company’s stock after purchasing an additional 2,040,402 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 2.1% of HBK Sorce Advisory LLC’s portfolio, making the stock its 6th biggest position. HBK Sorce Advisory LLC’s holdings in Schwab US Broad Market ETF were worth $69,563,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Axxcess Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 33.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 12,158 shares of the company’s stock valued at $809,000 after acquiring an additional 3,015 shares during the period. Savvy Advisors Inc. boosted its holdings in Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Savvy Advisors Inc. now owns 10,009 shares of the company’s stock valued at $666,000 after acquiring an additional 589 shares during the period. Souders Financial Advisors boosted its holdings in Schwab US Broad Market ETF by 1.6% during the 3rd quarter. Souders Financial Advisors now owns 90,630 shares of the company’s stock valued at $6,029,000 after acquiring an additional 1,450 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 196.4% during the 3rd quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 868,604 shares of the company’s stock valued at $57,780,000 after acquiring an additional 575,590 shares during the period. Finally, OLD Second National Bank of Aurora purchased a new position in Schwab US Broad Market ETF during the 3rd quarter valued at about $183,000.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $21.52 on Thursday. The business has a 50-day moving average of $23.03 and a 200 day moving average of $22.70. The stock has a market capitalization of $30.77 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month 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.