Twele Capital Management Inc. Buys 19,187 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Twele Capital Management Inc. boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 194.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,033 shares of the company’s stock after purchasing an additional 19,187 shares during the quarter. Twele Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $659,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHB. Roble Belko & Company Inc raised its stake in shares of Schwab US Broad Market ETF by 196.9% during the 4th quarter. Roble Belko & Company Inc now owns 761,164 shares of the company’s stock worth $17,278,000 after acquiring an additional 504,765 shares in the last quarter. Godsey & Gibb Inc. increased its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock worth $48,000 after purchasing an additional 1,402 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in shares of Schwab US Broad Market ETF by 374.3% during the fourth quarter. Armstrong Advisory Group Inc. now owns 17,240 shares of the company’s stock worth $391,000 after purchasing an additional 13,605 shares in the last quarter. ARS Wealth Advisors Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 201.1% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 9,318 shares of the company’s stock valued at $212,000 after purchasing an additional 6,223 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 195.7% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after purchasing an additional 1,821,631 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $23.02 on Thursday. The business’s 50-day moving average is $23.13 and its 200 day moving average is $22.16. Schwab US Broad Market ETF has a 1 year low of $18.25 and a 1 year high of $23.73. The firm has a market capitalization of $10.58 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.