Kilner Capital Advisors LLC Takes Position in Schwab US Broad Market ETF $SCHB

Kilner Capital Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,958 shares of the company’s stock, valued at approximately $523,000. Schwab US Broad Market ETF accounts for approximately 0.5% of Kilner Capital Advisors LLC’s investment portfolio, making the stock its 14th largest holding.

A number of other large investors also recently modified their holdings of SCHB. Brighton Jones LLC increased its holdings in shares of Schwab US Broad Market ETF by 1,209.6% during the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Schwab US Broad Market ETF by 50.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after purchasing an additional 518,984 shares during the period. Schnieders Capital Management LLC. acquired a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $218,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of Schwab US Broad Market ETF by 18.5% during the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock valued at $236,000 after purchasing an additional 1,552 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $28.45 on Monday. The stock’s fifty day moving average is $27.50 and its 200-day moving average is $26.71. Schwab US Broad Market ETF has a one year low of $22.88 and a one year high of $29.35. The firm has a market capitalization of $42.07 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.