Bfsg LLC Makes New Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Bfsg LLC purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 742 shares of the company’s stock, valued at approximately $41,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. JMG Financial Group Ltd. lifted its stake in Schwab US Broad Market ETF by 5.5% during the fourth quarter. JMG Financial Group Ltd. now owns 122,634 shares of the company’s stock worth $6,827,000 after purchasing an additional 6,392 shares during the period. Cutter & CO Brokerage Inc. acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth approximately $229,000. Foster & Motley Inc. increased its holdings in shares of Schwab US Broad Market ETF by 3.1% during the fourth quarter. Foster & Motley Inc. now owns 9,793 shares of the company’s stock worth $545,000 after buying an additional 290 shares in the last quarter. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth approximately $203,000. Finally, North Star Asset Management Inc. increased its holdings in shares of Schwab US Broad Market ETF by 3.7% during the fourth quarter. North Star Asset Management Inc. now owns 942,554 shares of the company’s stock worth $52,472,000 after buying an additional 33,943 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.4 %

NYSEARCA SCHB opened at $58.60 on Friday. The firm has a market cap of $26.88 billion, a price-to-earnings ratio of 24.49 and a beta of 1.03. The company has a 50 day moving average of $59.57 and a 200-day moving average of $55.72. Schwab US Broad Market ETF has a 1-year low of $46.92 and a 1-year high of $61.18.

About Schwab US Broad Market ETF

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.