Schwab US Broad Market ETF $SCHB Shares Bought by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 35.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,778,973 shares of the company’s stock after purchasing an additional 466,241 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $46,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of SCHB. Caprock Group LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at $54,987,000. Boulder Wealth Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter worth about $40,435,000. CWM LLC boosted its stake in shares of Schwab US Broad Market ETF by 304.7% during the fourth quarter. CWM LLC now owns 1,648,774 shares of the company’s stock worth $43,247,000 after buying an additional 1,241,374 shares during the period. Modern Wealth Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 422.7% during the third quarter. Modern Wealth Management LLC now owns 1,518,936 shares of the company’s stock worth $39,052,000 after buying an additional 1,228,327 shares during the period. Finally, Quantinno Capital Management LP boosted its stake in shares of Schwab US Broad Market ETF by 942.2% during the second quarter. Quantinno Capital Management LP now owns 1,234,589 shares of the company’s stock worth $29,420,000 after buying an additional 1,116,125 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $28.42 on Monday. Schwab US Broad Market ETF has a fifty-two week low of $22.16 and a fifty-two week high of $28.85. The company has a market capitalization of $42.02 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm has a 50-day simple moving average of $26.55 and a 200-day simple moving average of $26.42.

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.