Grant GrossMendelsohn LLC Acquires 656 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Grant GrossMendelsohn LLC grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.1% during the 4th quarter, HoldingsChannel reports. The firm owned 16,756 shares of the company’s stock after purchasing an additional 656 shares during the quarter. Grant GrossMendelsohn LLC’s holdings in Schwab US Broad Market ETF were worth $952,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHB. Geneos Wealth Management Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 100.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 245 shares in the last quarter. Oxford Financial Group Ltd. lifted its holdings in Schwab US Broad Market ETF by 100.0% during the 1st quarter. Oxford Financial Group Ltd. now owns 506 shares of the company’s stock worth $27,000 after buying an additional 253 shares during the period. Worth Asset Management LLC acquired a new position in Schwab US Broad Market ETF during the 1st quarter worth about $27,000. Lee Financial Co acquired a new position in Schwab US Broad Market ETF during the 3rd quarter worth about $35,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in Schwab US Broad Market ETF by 55.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after buying an additional 221 shares during the period.

Schwab US Broad Market ETF Stock Down 1.2 %

SCHB traded down $0.73 during midday trading on Monday, hitting $58.65. 1,359,838 shares of the company were exchanged, compared to its average volume of 857,772. The firm has a market capitalization of $26.90 billion, a P/E ratio of 24.49 and a beta of 1.03. Schwab US Broad Market ETF has a 1-year low of $46.92 and a 1-year high of $61.18. The firm’s 50 day moving average price is $59.50 and its 200-day moving average price is $55.25.

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.