Concurrent Investment Advisors LLC Increases Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Concurrent Investment Advisors LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 216.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 41,260 shares of the company’s stock after acquiring an additional 28,232 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $937,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hardy Reed LLC increased its position in shares of Schwab US Broad Market ETF by 198.4% during the fourth quarter. Hardy Reed LLC now owns 18,087 shares of the company’s stock valued at $411,000 after acquiring an additional 12,025 shares during the last quarter. WealthBridge Capital Management LLC increased its position in shares of Schwab US Broad Market ETF by 200.1% during the 4th quarter. WealthBridge Capital Management LLC now owns 15,559 shares of the company’s stock valued at $353,000 after purchasing an additional 10,375 shares during the last quarter. Ieq Capital LLC raised its stake in shares of Schwab US Broad Market ETF by 170.4% during the 4th quarter. Ieq Capital LLC now owns 38,032 shares of the company’s stock worth $863,000 after purchasing an additional 23,965 shares during the period. Abacus Planning Group Inc. grew its position in Schwab US Broad Market ETF by 205.4% during the fourth quarter. Abacus Planning Group Inc. now owns 31,673 shares of the company’s stock valued at $719,000 after buying an additional 21,303 shares during the period. Finally, SNS Financial Group LLC increased its stake in shares of Schwab US Broad Market ETF by 156.9% during the 4th quarter. SNS Financial Group LLC now owns 1,933,535 shares of the company’s stock worth $43,891,000 after purchasing an additional 1,180,784 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $23.18 on Monday. The firm has a market cap of $33.15 billion, a PE ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.77. The stock’s fifty day moving average price is $23.20 and its two-hundred day moving average price is $22.60.

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.