Choate Investment Advisors Buys 8,420 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Choate Investment Advisors raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,630 shares of the company’s stock after acquiring an additional 8,420 shares during the quarter. Choate Investment Advisors’ holdings in Schwab US Broad Market ETF were worth $287,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Rebalance LLC raised its holdings in Schwab US Broad Market ETF by 199.9% in the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after buying an additional 7,646,591 shares during the last quarter. Hengehold Capital Management LLC raised its holdings in Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after buying an additional 5,886,366 shares during the last quarter. Strid Group LLC raised its holdings in Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after buying an additional 5,666,068 shares during the last quarter. Bouchey Financial Group Ltd raised its holdings in Schwab US Broad Market ETF by 213.4% in the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after buying an additional 5,560,636 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in Schwab US Broad Market ETF by 206.2% in the 4th quarter. HighTower Advisors LLC now owns 8,146,204 shares of the company’s stock valued at $184,919,000 after buying an additional 5,485,579 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $21.85 on Tuesday. The company has a 50 day simple moving average of $22.95 and a 200 day simple moving average of $22.71. The firm has a market cap of $31.25 billion, a PE ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.77.

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.