CRA Financial Services LLC Acquires 1,457 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

CRA Financial Services LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 53,835 shares of the company’s stock after purchasing an additional 1,457 shares during the period. Schwab US Broad Market ETF accounts for 0.7% of CRA Financial Services LLC’s holdings, making the stock its 29th biggest holding. CRA Financial Services LLC’s holdings in Schwab US Broad Market ETF were worth $3,287,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SCHB. Creative Financial Designs Inc. ADV lifted its stake in shares of Schwab US Broad Market ETF by 55.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after purchasing an additional 221 shares during the last quarter. BKM Wealth Management LLC bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at about $41,000. Bfsg LLC purchased a new position in shares of Schwab US Broad Market ETF in the 4th quarter worth approximately $41,000. Johnson Financial Group Inc. lifted its position in Schwab US Broad Market ETF by 76.3% during the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock valued at $41,000 after acquiring an additional 319 shares during the last quarter. Finally, Evolution Advisers Inc. lifted its position in Schwab US Broad Market ETF by 33.8% during the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after acquiring an additional 191 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB traded down $0.22 on Friday, hitting $62.87. The stock had a trading volume of 720,946 shares, compared to its average volume of 806,919. The business’s fifty day moving average price is $61.21 and its 200 day moving average price is $59.06. The stock has a market cap of $28.90 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $47.46 and a 52-week high of $63.52.

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.