Quadrant Private Wealth Management LLC Purchases 25,709 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Quadrant Private Wealth Management LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 198.4% in the 4th quarter, Holdings Channel reports. The fund owned 38,667 shares of the company’s stock after acquiring an additional 25,709 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $878,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jackson Grant Investment Advisers Inc. increased its position in Schwab US Broad Market ETF by 201.0% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after buying an additional 834 shares in the last quarter. Albion Financial Group UT boosted its stake in Schwab US Broad Market ETF by 200.0% during the 4th 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 during the last quarter. 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 purchasing an additional 888 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after buying an additional 964 shares during the last quarter. Finally, Capital Investment Advisory Services LLC boosted its stake in shares of Schwab US Broad Market ETF by 128.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock worth $35,000 after buying an additional 854 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $23.65 on Friday. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.73. The stock’s fifty day moving average price is $23.19 and its 200-day moving average price is $22.45. The company has a market cap of $10.87 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.