SRS Capital Advisors Inc. Purchases 4,724 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

SRS Capital Advisors Inc. raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,268 shares of the company’s stock after buying an additional 4,724 shares during the period. SRS Capital Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $3,522,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC increased its holdings in Schwab US Broad Market ETF by 2.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 194,085 shares of the company’s stock valued at $9,675,000 after purchasing an additional 5,129 shares during the period. SVB Wealth LLC increased its holdings in Schwab US Broad Market ETF by 39.4% during the 3rd quarter. SVB Wealth LLC now owns 34,363 shares of the company’s stock valued at $1,713,000 after purchasing an additional 9,708 shares during the period. Pinnacle Associates Ltd. increased its holdings in Schwab US Broad Market ETF by 1.0% during the 3rd quarter. Pinnacle Associates Ltd. now owns 34,169 shares of the company’s stock valued at $1,703,000 after purchasing an additional 322 shares during the period. Dakota Wealth Management purchased a new position in Schwab US Broad Market ETF during the 3rd quarter valued at about $288,000. Finally, Raymond James & Associates increased its holdings in Schwab US Broad Market ETF by 11.0% during the 3rd quarter. Raymond James & Associates now owns 144,375 shares of the company’s stock valued at $7,197,000 after purchasing an additional 14,276 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB traded up $0.52 during mid-day trading on Thursday, reaching $58.74. 552,212 shares of the company’s stock traded hands, compared to its average volume of 858,633. 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 50 day moving average price of $59.62 and a 200-day moving average price of $55.99. The firm has a market capitalization of $26.99 billion, a price-to-earnings ratio of 24.20 and a beta of 1.03.

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.