CGN Advisors LLC Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

CGN Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,594 shares of the company’s stock after acquiring an additional 59,037 shares during the period. CGN Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $2,011,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Rebalance LLC raised its position in shares of Schwab US Broad Market ETF by 4.6% during the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock worth $254,400,000 after purchasing an additional 167,787 shares during the last quarter. Hengehold Capital Management LLC increased its position in Schwab US Broad Market ETF by 1.3% during the third quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock worth $203,288,000 after buying an additional 38,823 shares in the last quarter. Strid Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 4.0% in the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after acquiring an additional 111,281 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 195.7% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after acquiring an additional 1,821,631 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of Schwab US Broad Market ETF by 7.8% during the third quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after acquiring an additional 191,480 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 1.0 %

Shares of SCHB stock opened at $23.21 on Friday. The company has a market capitalization of $10.67 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm has a 50-day moving average price of $23.12 and a 200 day moving average price of $22.18. Schwab US Broad Market ETF has a twelve month low of $18.34 and a twelve month high of $23.73.

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.