Tranquility Partners LLC Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Tranquility Partners LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 14,685 shares of the company’s stock after purchasing an additional 9,790 shares during the period. Tranquility Partners LLC’s holdings in Schwab US Broad Market ETF were worth $333,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Versant Capital Management Inc boosted its position in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after buying an additional 9,352 shares during the period. Fulcrum Equity Management raised its holdings in shares of Schwab US Broad Market ETF by 6.3% in the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after buying an additional 668 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Schwab US Broad Market ETF during the 3rd quarter worth about $703,000. Franklin Resources Inc. lifted its stake in Schwab US Broad Market ETF by 952.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock worth $294,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Tudor Financial Inc. purchased a new position in Schwab US Broad Market ETF during the 3rd quarter valued at about $996,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $23.39 on Thursday. The company has a market cap of $10.75 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a 50-day moving average of $23.20 and a two-hundred day moving average of $22.44. Schwab US Broad Market ETF has a 1-year low of $19.04 and a 1-year high of $23.73.

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.