Dravo Bay LLC Takes $282,000 Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Dravo Bay LLC bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,411 shares of the company’s stock, valued at approximately $282,000.

A number of other large investors have also added to or reduced their stakes in SCHB. Hengehold Capital Management LLC grew its position in Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after buying an additional 5,886,366 shares in the last quarter. Strid Group LLC lifted its stake in shares of Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after acquiring an additional 5,666,068 shares during the last quarter. Bouchey Financial Group Ltd lifted its stake in shares of Schwab US Broad Market ETF by 213.4% in the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after acquiring an additional 5,560,636 shares during the last quarter. Strategic Financial Concepts LLC raised its position in Schwab US Broad Market ETF by 6,492.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock worth $112,585,000 after purchasing an additional 4,884,457 shares during the last quarter. Finally, Empower Advisory Group LLC raised its position in Schwab US Broad Market ETF by 2,357.8% during the 4th quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock worth $111,055,000 after purchasing an additional 4,693,222 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 1.7 %

Shares of Schwab US Broad Market ETF stock opened at $22.53 on Tuesday. The business has a 50-day moving average price of $23.18 and a two-hundred day moving average price of $22.69. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The company has a market cap of $32.22 billion, a P/E ratio of 25.96 and a beta of 1.04.

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.