Salem Investment Counselors Inc. Acquires 70,597 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Salem Investment Counselors Inc. raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 174.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 111,133 shares of the company’s stock after purchasing an additional 70,597 shares during the period. Salem Investment Counselors Inc.’s holdings in Schwab US Broad Market ETF were worth $2,523,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Rebalance LLC boosted its position in Schwab US Broad Market ETF by 4.6% during the third quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after purchasing an additional 167,787 shares in the last quarter. Hengehold Capital Management LLC lifted its position in shares of Schwab US Broad Market ETF by 1.3% during the third quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after buying an additional 38,823 shares during the last quarter. Strid Group LLC boosted its holdings in shares of Schwab US Broad Market ETF by 4.0% in the 3rd quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after buying an additional 111,281 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 7.8% in the 3rd quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock worth $177,000,000 after buying an additional 191,480 shares during the last quarter. Finally, Accredited Investors Inc. lifted its position in Schwab US Broad Market ETF by 0.5% during the third quarter. Accredited Investors Inc. now owns 1,619,374 shares of the company’s stock valued at $107,721,000 after acquiring an additional 7,749 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.2 %

Shares of SCHB opened at $22.54 on Tuesday. The company has a 50 day moving average of $23.12 and a two-hundred day moving average of $22.14. The company has a market cap of $10.36 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $18.25 and a twelve month high of $23.73.

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.