Ashford Advisors LLC Has $15 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ashford Advisors LLC decreased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 269,414 shares of the company’s stock after selling 1,230 shares during the period. Schwab US Broad Market ETF accounts for about 4.2% of Ashford Advisors LLC’s holdings, making the stock its 5th largest holding. Ashford Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $14,998,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Geneos Wealth Management Inc. grew its holdings in shares of Schwab US Broad Market ETF by 100.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 488 shares of the company’s stock worth $26,000 after acquiring an additional 245 shares during the period. Oxford Financial Group Ltd. grew its holdings in shares of Schwab US Broad Market ETF by 100.0% during the 1st quarter. Oxford Financial Group Ltd. now owns 506 shares of the company’s stock worth $27,000 after acquiring an additional 253 shares during the period. Worth Asset Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $27,000. Lee Financial Co purchased a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $35,000. Finally, Creative Financial Designs Inc. ADV grew its holdings in shares of Schwab US Broad Market ETF by 55.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after acquiring an additional 221 shares during the period.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $57.57 on Monday. The company has a market capitalization of $26.40 billion, a price-to-earnings ratio of 24.49 and a beta of 1.03. The business’s 50 day moving average price is $59.54 and its two-hundred day moving average price is $55.56. Schwab US Broad Market ETF has a fifty-two week low of $46.92 and a fifty-two week high of $61.18.

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.