Aspire Capital Advisors LLC Raises Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Aspire Capital Advisors LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 176.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 170,034 shares of the company’s stock after purchasing an additional 108,495 shares during the quarter. Schwab US Broad Market ETF makes up approximately 1.1% of Aspire Capital Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Aspire Capital Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $3,860,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC purchased a new position in shares of Schwab US Broad Market ETF during the 2nd quarter valued at about $704,000. Bank of Montreal Can boosted its position in shares of Schwab US Broad Market ETF by 60.0% in the second quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock worth $715,000 after purchasing an additional 4,223 shares during the period. Marshall Wace LLP bought a new position in shares of Schwab US Broad Market ETF in the second quarter worth approximately $241,000. AQR Capital Management LLC increased its stake in shares of Schwab US Broad Market ETF by 1.2% in the second quarter. AQR Capital Management LLC now owns 85,709 shares of the company’s stock worth $5,389,000 after purchasing an additional 1,026 shares in the last quarter. Finally, Creative Planning raised its position in shares of Schwab US Broad Market ETF by 2.1% during the 2nd quarter. Creative Planning now owns 679,950 shares of the company’s stock valued at $42,748,000 after purchasing an additional 13,731 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $23.27 on Tuesday. The company has a fifty day moving average of $23.16 and a 200 day moving average of $22.27. The company has a market capitalization of $10.70 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73.

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.