Financial Designs Corp Buys 82,956 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Financial Designs Corp increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 188.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 127,068 shares of the company’s stock after purchasing an additional 82,956 shares during the period. Schwab US Broad Market ETF makes up 1.9% of Financial Designs Corp’s holdings, making the stock its 13th biggest holding. Financial Designs Corp’s holdings in Schwab US Broad Market ETF were worth $2,884,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHB. HB Wealth Management LLC increased its holdings in Schwab US Broad Market ETF by 192.5% in the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after buying an additional 4,281,591 shares during the period. Ballentine Partners LLC boosted its position in shares of Schwab US Broad Market ETF by 192.7% during the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after acquiring an additional 2,055,961 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 195.7% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after acquiring an additional 1,821,631 shares in the last quarter. Myecfo LLC increased its stake in Schwab US Broad Market ETF by 206.4% in the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock valued at $51,539,000 after acquiring an additional 1,529,275 shares during the last quarter. Finally, Winthrop Advisory Group LLC raised its position in Schwab US Broad Market ETF by 270.0% during the fourth quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock valued at $33,514,000 after purchasing an additional 1,077,345 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $23.67 on Friday. The business has a fifty day moving average price of $23.13 and a two-hundred day moving average price of $22.23. The stock has a market capitalization of $10.88 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73.

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.