Mairs & Power Inc. Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mairs & Power Inc. increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHBGet Rating) by 100.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 90,740 shares of the company’s stock after acquiring an additional 45,370 shares during the quarter. Mairs & Power Inc.’s holdings in Schwab US Broad Market ETF were worth $4,845,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wolff Wiese Magana LLC grew its holdings in shares of Schwab US Broad Market ETF by 100.9% during the first quarter. Wolff Wiese Magana LLC now owns 466 shares of the company’s stock worth $25,000 after buying an additional 234 shares in the last quarter. Oxford Financial Group Ltd. grew its holdings in shares of Schwab US Broad Market ETF by 100.0% during the first quarter. Oxford Financial Group Ltd. now owns 506 shares of the company’s stock worth $27,000 after buying an additional 253 shares in the last quarter. Worth Asset Management LLC purchased a new stake in shares of Schwab US Broad Market ETF during the first quarter worth $27,000. HighMark Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 101.1% during the first quarter. HighMark Wealth Management LLC now owns 565 shares of the company’s stock worth $30,000 after buying an additional 284 shares in the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $31,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $47.82 on Friday. The company’s 50-day moving average price is $47.29 and its 200-day moving average price is $48.51. Schwab US Broad Market ETF has a twelve month low of $42.60 and a twelve month high of $57.10.

About Schwab US Broad Market ETF

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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.

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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