Global Financial Private Client LLC Has $30,000 Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Global Financial Private Client LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,332 shares of the company’s stock after acquiring an additional 888 shares during the quarter. Global Financial Private Client LLC’s holdings in Schwab US Broad Market ETF were worth $30,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Winthrop Advisory Group LLC lifted its stake in shares of Schwab US Broad Market ETF by 270.0% during the fourth quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock valued at $33,514,000 after acquiring an additional 1,077,345 shares during the period. Legacy Private Trust Co. raised its holdings in Schwab US Broad Market ETF by 210.0% during the 4th quarter. Legacy Private Trust Co. now owns 1,470,532 shares of the company’s stock worth $33,381,000 after purchasing an additional 996,131 shares during the last quarter. WT Wealth Management lifted its position in Schwab US Broad Market ETF by 195.4% during the 3rd quarter. WT Wealth Management now owns 1,235,645 shares of the company’s stock valued at $82,195,000 after purchasing an additional 817,389 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC lifted its position 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 purchasing an additional 575,590 shares during the period. Finally, Capital Management Associates Inc bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $37,567,000.

Schwab US Broad Market ETF Price Performance

SCHB opened at $22.58 on Wednesday. The firm has a 50 day simple moving average of $23.13 and a 200 day simple moving average of $22.15. Schwab US Broad Market ETF has a fifty-two week low of $18.25 and a fifty-two week high of $23.73. The company has a market cap of $10.38 billion, a price-to-earnings 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.