Sunburst Financial Group LLC Grows Position in Schwab US Broad Market ETF $SCHB

Sunburst Financial Group LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,126,176 shares of the company’s stock after acquiring an additional 39,321 shares during the quarter. Schwab US Broad Market ETF comprises 11.3% of Sunburst Financial Group LLC’s holdings, making the stock its biggest position. Sunburst Financial Group LLC owned 0.15% of Schwab US Broad Market ETF worth $55,770,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHB. Gallagher Fiduciary Advisors LLC boosted its stake in Schwab US Broad Market ETF by 2,295.8% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after acquiring an additional 62,061,116 shares in the last quarter. Rebalance LLC lifted its holdings in shares of Schwab US Broad Market ETF by 3.3% during the 4th quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock valued at $392,485,000 after purchasing an additional 483,144 shares during the last quarter. Strid Group LLC boosted its position in shares of Schwab US Broad Market ETF by 0.7% in the 3rd quarter. Strid Group LLC now owns 8,716,201 shares of the company’s stock worth $224,094,000 after purchasing an additional 57,964 shares in the last quarter. Bouchey Financial Group Ltd boosted its position in shares of Schwab US Broad Market ETF by 0.5% in the 3rd quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock worth $213,866,000 after purchasing an additional 42,459 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in Schwab US Broad Market ETF by 0.5% during the 3rd quarter. HighTower Advisors LLC now owns 7,776,997 shares of the company’s stock worth $199,946,000 after buying an additional 38,658 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $25.33 on Monday. The business’s 50-day moving average is $26.07 and its 200 day moving average is $26.09. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.94. The firm has a market capitalization of $37.25 billion, a P/E ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.