Schwab US Broad Market ETF $SCHB Position Lifted by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 13.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,638,747 shares of the company’s stock after acquiring an additional 191,184 shares during the period. Schwab US Broad Market ETF comprises approximately 17.3% of Genesee Capital Advisors LLC’s holdings, making the stock its largest position. Genesee Capital Advisors LLC owned about 0.11% of Schwab US Broad Market ETF worth $42,984,000 as of its most recent SEC filing.

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

Schwab US Broad Market ETF Stock Up 0.1%

NYSEARCA SCHB opened at $25.33 on Friday. 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 P/E ratio of 25.08 and a beta of 1.02. The stock’s 50-day moving average price is $26.10 and its 200-day moving average price is $26.09.

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.