Wade Financial Advisory Inc Acquires 175,889 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Wade Financial Advisory Inc raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 264,258 shares of the company’s stock after buying an additional 175,889 shares during the period. Schwab US Broad Market ETF accounts for 2.0% of Wade Financial Advisory Inc’s holdings, making the stock its 13th largest holding. Wade Financial Advisory Inc owned approximately 0.06% of Schwab US Broad Market ETF worth $5,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Renaissance Technologies LLC bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $704,000. Bank of Montreal Can raised its stake in Schwab US Broad Market ETF by 60.0% during the 2nd quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock worth $715,000 after buying an additional 4,223 shares during the period. Marshall Wace LLP acquired a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at $241,000. AQR Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 1.2% during the second quarter. AQR Capital Management LLC now owns 85,709 shares of the company’s stock valued at $5,389,000 after buying an additional 1,026 shares during the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF in the second quarter worth approximately $301,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $23.45 on Wednesday. Schwab US Broad Market ETF has a 1 year low of $18.75 and a 1 year high of $23.73. The company has a fifty day moving average price of $23.18 and a 200-day moving average price of $22.29. The firm has a market cap of $10.78 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.