Armor Investment Advisors LLC Purchases 6,671 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Armor Investment Advisors LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,005 shares of the company’s stock after acquiring an additional 6,671 shares during the quarter. Armor Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Joseph Group Capital Management bought a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $66,000. Northwest Investment Counselors LLC bought a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $69,000. Jackson Grant Investment Advisers Inc. raised its position in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after buying an additional 834 shares during the last quarter. Albion Financial Group UT raised its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after buying an additional 840 shares during the last quarter. Finally, Global Financial Private Client LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after buying an additional 888 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.47 on Tuesday. The stock has a market cap of $10.79 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $19.04 and a 1 year high of $23.73. The firm’s 50 day moving average price is $23.20 and its 200-day moving average price is $22.40.

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.