Schwab US Broad Market ETF $SCHB Stake Boosted by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 13.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,638,747 shares of the company’s stock after purchasing an additional 191,184 shares during the quarter. Schwab US Broad Market ETF makes up about 17.3% of Genesee Capital Advisors LLC’s investment portfolio, making the stock its largest holding. Genesee Capital Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $42,984,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at $27,000. Wiser Advisor Group LLC bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth $29,000. First Pacific Financial purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter worth $51,000. LGT Financial Advisors LLC purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter worth $52,000. Finally, Beacon Financial Strategies CORP bought a new stake in Schwab US Broad Market ETF during the fourth quarter valued at about $64,000.

Schwab US Broad Market ETF Stock Up 0.1%

Shares of Schwab US Broad Market ETF stock opened at $25.33 on Friday. The stock’s 50-day simple moving average is $26.10 and its 200-day simple moving average is $26.09. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.94. The company has a market capitalization of $36.91 billion, a price-to-earnings 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.