Miracle Mile Advisors LLC Buys 512 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Miracle Mile Advisors LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,648 shares of the company’s stock after purchasing an additional 512 shares during the period. Miracle Mile Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,149,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of SCHB. Moneta Group Investment Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 112,256.3% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 45,434,657 shares of the company’s stock worth $2,035,927,000 after purchasing an additional 45,394,219 shares during the period. Wealthfront Advisers LLC increased its position in shares of Schwab US Broad Market ETF by 93.3% in the first quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock worth $1,499,007,000 after purchasing an additional 13,553,949 shares during the period. Mariner LLC increased its position in shares of Schwab US Broad Market ETF by 254.7% in the first quarter. Mariner LLC now owns 1,348,142 shares of the company’s stock worth $71,977,000 after purchasing an additional 968,088 shares during the period. HighTower Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 74.8% in the third quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock worth $90,783,000 after purchasing an additional 779,722 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Schwab US Broad Market ETF by 108.9% in the first quarter. Royal Bank of Canada now owns 723,509 shares of the company’s stock worth $38,628,000 after purchasing an additional 377,147 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $60.87 on Tuesday. Schwab US Broad Market ETF has a 52 week low of $46.92 and a 52 week high of $61.18. The stock has a market capitalization of $27.11 billion, a P/E ratio of 17.59 and a beta of 1.03. The stock’s fifty day moving average is $58.91 and its 200 day moving average is $54.65.

Schwab US Broad Market ETF Profile

(Free Report)

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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