Cathy Pareto & Associates Inc. Makes New Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cathy Pareto & Associates Inc. bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 117,769 shares of the company’s stock, valued at approximately $2,673,000. Schwab US Broad Market ETF accounts for about 2.5% of Cathy Pareto & Associates Inc.’s holdings, making the stock its 15th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of Schwab US Broad Market ETF in the 2nd quarter valued at $28,000. Albion Financial Group UT increased its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after purchasing an additional 840 shares in the last quarter. Global Financial Private Client LLC increased its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares in the last quarter. GAMMA Investing LLC raised its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after buying an additional 964 shares during the period. Finally, Marquette Asset Management LLC lifted its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after buying an additional 1,062 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.3 %

Shares of SCHB stock opened at $23.60 on Monday. Schwab US Broad Market ETF has a 12-month low of $18.75 and a 12-month high of $23.73. The firm has a fifty day moving average of $23.16 and a 200-day moving average of $22.27. The company has a market capitalization of $10.85 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF Company 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.