Silver Lake Advisory LLC Purchases 6,596 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Silver Lake Advisory LLC raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 214.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,671 shares of the company’s stock after purchasing an additional 6,596 shares during the quarter. Silver Lake Advisory LLC’s holdings in Schwab US Broad Market ETF were worth $220,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHB. Strategic Investment Solutions Inc. IL bought a new position in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $28,000. Albion Financial Group UT boosted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after acquiring an additional 840 shares during the last quarter. Global Financial Private Client LLC grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after acquiring an additional 888 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after purchasing an additional 964 shares during the last quarter. Finally, Marquette Asset Management LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after purchasing an additional 1,062 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.67 on Friday. The company has a market capitalization of $10.88 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 $18.75 and a 52-week high of $23.73. The company has a 50-day simple moving average of $23.13 and a two-hundred day simple moving average of $22.23.

Schwab US Broad Market ETF 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.