McAdam LLC Buys 2,573 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

McAdam LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 24.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 13,173 shares of the company’s stock after purchasing an additional 2,573 shares during the period. McAdam LLC’s holdings in Schwab US Broad Market ETF were worth $733,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Zhang Financial LLC raised its position in Schwab US Broad Market ETF by 5.4% during the 4th quarter. Zhang Financial LLC now owns 153,865 shares of the company’s stock valued at $8,566,000 after purchasing an additional 7,844 shares during the last quarter. Natixis Advisors L.P. bought a new stake in Schwab US Broad Market ETF in the third quarter valued at $666,000. Morningstar Investment Services LLC increased its position in Schwab US Broad Market ETF by 6.9% during the 3rd quarter. Morningstar Investment Services LLC now owns 664,824 shares of the company’s stock valued at $33,215,000 after purchasing an additional 43,035 shares during the period. Citigroup Inc. lifted its position in shares of Schwab US Broad Market ETF by 9.9% in the 3rd quarter. Citigroup Inc. now owns 3,062 shares of the company’s stock worth $153,000 after purchasing an additional 275 shares during the period. Finally, WBH Advisory Inc. increased its position in shares of Schwab US Broad Market ETF by 2.7% during the fourth quarter. WBH Advisory Inc. now owns 556,907 shares of the company’s stock valued at $31,003,000 after buying an additional 14,679 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $59.34 on Tuesday. Schwab US Broad Market ETF has a one year low of $46.92 and a one year high of $61.18. The company has a 50-day simple moving average of $59.61 and a two-hundred day simple moving average of $55.92. The firm has a market capitalization of $27.26 billion, a PE ratio of 24.20 and a beta of 1.03.

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.