Ashford Advisors LLC Has $17.22 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ashford Advisors LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 758,748 shares of the company’s stock after buying an additional 502,026 shares during the period. Schwab US Broad Market ETF accounts for 4.0% of Ashford Advisors LLC’s holdings, making the stock its 5th biggest holding. Ashford Advisors LLC owned about 0.17% of Schwab US Broad Market ETF worth $17,224,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Maryland Capital Advisors Inc. increased its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares in the last quarter. Jackson Grant Investment Advisers Inc. increased its stake in 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 valued at $28,000 after purchasing an additional 834 shares in the last quarter. Beacon Capital Management LLC increased its stake in Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after purchasing an additional 811 shares in the last quarter. Albion Financial Group UT increased its stake 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 purchasing an additional 840 shares in the last quarter. Finally, Global Financial Private Client LLC increased its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.5 %

SCHB opened at $23.63 on Friday. The company has a fifty day moving average price of $23.20 and a two-hundred day moving average price of $22.55. The company has a market cap of $10.86 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77.

About Schwab US Broad Market ETF

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.