Schwab US Broad Market ETF (NYSEARCA:SCHB) is Capital Management Associates Inc’s Largest Position

Capital Management Associates Inc raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,699,198 shares of the company’s stock after purchasing an additional 1,134,449 shares during the quarter. Schwab US Broad Market ETF comprises about 14.5% of Capital Management Associates Inc’s investment portfolio, making the stock its biggest position. Capital Management Associates Inc owned 0.37% of Schwab US Broad Market ETF worth $38,572,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Joseph Group Capital Management purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter worth about $66,000. Northwest Investment Counselors LLC acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at approximately $69,000. Jackson Grant Investment Advisers Inc. increased its stake in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares during the last quarter. Albion Financial Group UT raised its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after acquiring an additional 840 shares in the last quarter. Finally, Global Financial Private Client LLC boosted 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 valued at $30,000 after acquiring an additional 888 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $23.32 on Friday. The firm’s 50-day simple moving average is $23.20 and its 200-day simple moving average is $22.37. Schwab US Broad Market ETF has a 1 year low of $19.04 and a 1 year high of $23.73. The firm has a market cap of $10.72 billion, a PE 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.