Cape Investment Advisory Inc. Decreases Stock Position in Schwab US Broad Market ETF $SCHB

Cape Investment Advisory Inc. lowered its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,559,190 shares of the company’s stock after selling 17,997 shares during the period. Schwab US Broad Market ETF comprises about 13.4% of Cape Investment Advisory Inc.’s investment portfolio, making the stock its biggest position. Cape Investment Advisory Inc. owned 0.11% of Schwab US Broad Market ETF worth $33,569,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHB. Retirement Planning Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 222.5% during the 4th quarter. Retirement Planning Group LLC now owns 5,777,637 shares of the company’s stock valued at $131,152,000 after purchasing an additional 3,986,204 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Schwab US Broad Market ETF by 202.8% during the 4th quarter. Bank of America Corp DE now owns 3,085,001 shares of the company’s stock valued at $70,030,000 after purchasing an additional 2,066,172 shares during the last quarter. North Star Asset Management Inc. grew its holdings in shares of Schwab US Broad Market ETF by 201.0% during the 4th quarter. North Star Asset Management Inc. now owns 2,943,378 shares of the company’s stock valued at $66,815,000 after purchasing an additional 1,965,667 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Schwab US Broad Market ETF by 1,807.0% during the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock valued at $47,421,000 after purchasing an additional 1,903,192 shares during the last quarter. Finally, Capital Management Associates Inc grew its holdings in shares of Schwab US Broad Market ETF by 107.6% during the 1st quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock valued at $75,942,000 after purchasing an additional 1,828,084 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $25.04 on Friday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $25.23. The firm’s fifty day moving average is $24.47 and its 200 day moving average is $22.86. The firm has a market cap of $36.20 billion, a P/E ratio of 25.08 and a beta of 1.03.

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.