Firestone Capital Management Grows Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Firestone Capital Management raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 64,654 shares of the company’s stock after buying an additional 867 shares during the period. Schwab US Broad Market ETF comprises about 1.1% of Firestone Capital Management’s portfolio, making the stock its 21st largest holding. Firestone Capital Management’s holdings in Schwab US Broad Market ETF were worth $3,599,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SCHB. Evolution Advisers Inc. grew its position in shares of Schwab US Broad Market ETF by 33.8% during the 4th quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after acquiring an additional 191 shares during the period. Capital Investment Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock valued at $272,000 after acquiring an additional 192 shares during the period. Hendershot Investments Inc. grew its position in shares of Schwab US Broad Market ETF by 0.8% during the 3rd quarter. Hendershot Investments Inc. now owns 27,652 shares of the company’s stock valued at $1,378,000 after acquiring an additional 211 shares during the period. Kades & Cheifetz LLC grew its position in shares of Schwab US Broad Market ETF by 2.8% during the 4th quarter. Kades & Cheifetz LLC now owns 8,215 shares of the company’s stock valued at $457,000 after acquiring an additional 220 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its position in shares of 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 valued at $35,000 after acquiring an additional 221 shares during the period.

Schwab US Broad Market ETF Price Performance

SCHB stock traded down $0.97 during trading on Tuesday, hitting $58.40. The stock had a trading volume of 680,981 shares, compared to its average volume of 857,146. Schwab US Broad Market ETF has a twelve month low of $46.92 and a twelve month high of $61.18. The stock has a market capitalization of $26.83 billion, a P/E ratio of 24.20 and a beta of 1.03. The company’s 50-day moving average price is $59.61 and its two-hundred day moving average price is $55.92.

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.