Carnegie Investment Counsel Increases Stock Position in Schwab US Broad Market ETF $SCHB

Carnegie Investment Counsel grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 589.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 326,752 shares of the company’s stock after buying an additional 279,331 shares during the period. Carnegie Investment Counsel’s holdings in Schwab US Broad Market ETF were worth $8,571,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Peak Financial Management Inc. grew its stake in shares of Schwab US Broad Market ETF by 2.0% during the 4th quarter. Peak Financial Management Inc. now owns 467,399 shares of the company’s stock valued at $12,260,000 after buying an additional 9,032 shares during the period. Lincoln Capital Corp grew its stake in shares of Schwab US Broad Market ETF by 0.7% during the 4th quarter. Lincoln Capital Corp now owns 112,648 shares of the company’s stock valued at $2,955,000 after buying an additional 795 shares during the period. SpringVest Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF by 42.0% during the 4th quarter. SpringVest Wealth Management LLC now owns 85,577 shares of the company’s stock valued at $2,245,000 after buying an additional 25,330 shares during the period. Telos Capital Management Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at $268,000. Finally, Apollon Financial LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $381,000.

Schwab US Broad Market ETF Trading Down 0.1%

NYSEARCA:SCHB opened at $26.23 on Friday. The firm has a market capitalization of $38.64 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm’s fifty day simple moving average is $25.98 and its 200 day simple moving average is $26.10. Schwab US Broad Market ETF has a twelve month low of $19.57 and a twelve month high of $26.94.

Schwab US Broad Market ETF Company 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.