Ehrlich Financial Group Raises Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ehrlich Financial Group increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 257.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,570 shares of the company’s stock after purchasing an additional 11,212 shares during the quarter. Ehrlich Financial Group’s holdings in Schwab US Broad Market ETF were worth $353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of SCHB. Bank of New York Mellon Corp grew its stake in shares of Schwab US Broad Market ETF by 7.7% in the second quarter. Bank of New York Mellon Corp now owns 29,032 shares of the company’s stock worth $1,825,000 after acquiring an additional 2,085 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in Schwab US Broad Market ETF in the 2nd quarter worth approximately $79,000. Wealthspire Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 1.0% during the 2nd quarter. Wealthspire Advisors LLC now owns 62,165 shares of the company’s stock valued at $3,908,000 after buying an additional 622 shares during the period. Williams Financial LLC purchased a new position in shares of Schwab US Broad Market ETF in the 2nd quarter worth $2,352,000. Finally, Hanson & Doremus Investment Management boosted its stake in shares of Schwab US Broad Market ETF by 0.9% in the 2nd quarter. Hanson & Doremus Investment Management now owns 1,937,609 shares of the company’s stock worth $121,817,000 after buying an additional 16,407 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock traded up $0.04 during mid-day trading on Monday, reaching $22.54. 4,044,797 shares of the stock traded hands, compared to its average volume of 4,374,836. Schwab US Broad Market ETF has a 12-month low of $18.25 and a 12-month high of $23.73. The business’s 50-day moving average is $23.11 and its 200-day moving average is $22.13. The stock has a market capitalization of $10.36 billion, a PE ratio of 25.24 and a beta of 1.02.

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.