Bedel Financial Consulting Inc. Acquires 23,775 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Bedel Financial Consulting Inc. raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,649 shares of the company’s stock after acquiring an additional 23,775 shares during the quarter. Bedel Financial Consulting Inc.’s holdings in Schwab US Broad Market ETF were worth $837,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHB. Joseph Group Capital Management bought a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $66,000. Maryland Capital Advisors Inc. increased its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after acquiring an additional 774 shares during the last quarter. Wiser Advisor Group LLC increased its holdings in Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after acquiring an additional 785 shares during the last quarter. Beacon Capital Management LLC increased its holdings in Schwab US Broad Market ETF by 200.2% in the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after acquiring an additional 811 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its stake in Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after acquiring an additional 834 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $22.53 on Tuesday. The stock’s 50 day simple moving average is $23.18 and its two-hundred day simple moving average is $22.69. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.77. The company has a market cap of $32.22 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04.

About Schwab US Broad Market ETF

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.