GSG Advisors LLC Purchases 686,158 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

GSG Advisors LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 213.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,008,349 shares of the company’s stock after purchasing an additional 686,158 shares during the period. Schwab US Broad Market ETF makes up 7.2% of GSG Advisors LLC’s portfolio, making the stock its 4th biggest position. GSG Advisors LLC owned 0.22% of Schwab US Broad Market ETF worth $22,890,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc boosted its stake in shares of Schwab US Broad Market ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after buying an additional 9,352 shares during the last quarter. Fulcrum Equity Management raised its holdings in Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after acquiring an additional 668 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Broad Market ETF during the 3rd quarter valued at $703,000. Franklin Resources Inc. boosted its stake in Schwab US Broad Market ETF by 952.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Tudor Financial Inc. acquired a new position in Schwab US Broad Market ETF during the 3rd quarter worth $996,000.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $22.54 on Tuesday. Schwab US Broad Market ETF has a 1 year low of $18.25 and a 1 year high of $23.73. The firm’s 50-day simple moving average is $23.12 and its 200-day simple moving average is $22.14. The firm has a market cap of $10.36 billion, a PE ratio of 25.24 and a beta of 1.02.

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.