KLCM Advisors Inc. Invests $1.30 Million in Schwab US Broad Market ETF $SCHB

KLCM Advisors Inc. bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 49,359 shares of the company’s stock, valued at approximately $1,295,000.

Several other institutional investors and hedge funds have also made changes to their positions in SCHB. Brighton Jones LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1,209.6% during the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Schwab US Broad Market ETF by 197.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after purchasing an additional 14,279 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 50.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after purchasing an additional 518,984 shares during the last quarter. Schnieders Capital Management LLC. acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth approximately $218,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Schwab US Broad Market ETF by 18.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock worth $236,000 after purchasing an additional 1,552 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $28.48 on Tuesday. The stock has a market cap of $42.11 billion, a P/E ratio of 25.08 and a beta of 1.02. The stock’s 50 day simple moving average is $26.38 and its 200-day simple moving average is $26.35. Schwab US Broad Market ETF has a 1-year low of $22.16 and a 1-year high of $28.55.

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.