Cambridge Advisors Inc. Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cambridge Advisors Inc. grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 198.9% during the 4th quarter, HoldingsChannel reports. The fund owned 138,267 shares of the company’s stock after purchasing an additional 92,016 shares during the period. Schwab US Broad Market ETF comprises about 0.7% of Cambridge Advisors Inc.’s investment portfolio, making the stock its 24th largest holding. Cambridge Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $3,139,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SCHB. HB Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after acquiring an additional 4,281,591 shares during the period. Rebalance LLC lifted its position in shares of Schwab US Broad Market ETF by 4.6% during the third quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock worth $254,400,000 after purchasing an additional 167,787 shares during the last quarter. Hengehold Capital Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 1.3% during the third quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after purchasing an additional 38,823 shares during the period. Strid Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 4.0% in the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after purchasing an additional 111,281 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its stake in Schwab US Broad Market ETF by 195.7% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after buying an additional 1,821,631 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $23.21 on Friday. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company has a 50-day moving average of $23.12 and a 200 day moving average of $22.18. Schwab US Broad Market ETF has a 1-year low of $18.34 and a 1-year high of $23.73.

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.