Crescent Grove Advisors LLC Acquires New Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Crescent Grove Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,000 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors have also recently made changes to their positions in SCHB. Moneta Group Investment Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 112,256.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 45,434,657 shares of the company’s stock valued at $2,035,927,000 after acquiring an additional 45,394,219 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Schwab US Broad Market ETF by 93.3% in the first quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock worth $1,499,007,000 after buying an additional 13,553,949 shares during the last quarter. Mariner LLC boosted its holdings in shares of Schwab US Broad Market ETF by 254.7% in the first quarter. Mariner LLC now owns 1,348,142 shares of the company’s stock worth $71,977,000 after buying an additional 968,088 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 74.8% in the third quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock worth $90,783,000 after buying an additional 779,722 shares during the last quarter. Finally, Compass Advisory Group LLC boosted its holdings in shares of Schwab US Broad Market ETF by 384.5% in the fourth quarter. Compass Advisory Group LLC now owns 730,442 shares of the company’s stock worth $40,664,000 after buying an additional 579,689 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.3 %

SCHB opened at $58.50 on Wednesday. Schwab US Broad Market ETF has a 12-month low of $46.92 and a 12-month high of $61.18. The company has a market cap of $26.83 billion, a price-to-earnings ratio of 24.49 and a beta of 1.03. The company’s 50 day moving average is $59.55 and its 200 day moving average is $55.38.

Schwab US Broad Market ETF Company 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.