Hershey Financial Advisers LLC Purchases New Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Hershey Financial Advisers LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 70,999 shares of the company’s stock, valued at approximately $1,612,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valeo Financial Advisors LLC lifted its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after acquiring an additional 10,979 shares during the last quarter. Versant Capital Management Inc lifted its position in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after acquiring an additional 9,352 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in Schwab US Broad Market ETF by 194.3% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock valued at $571,000 after acquiring an additional 16,602 shares during the last quarter. Fulcrum Equity Management lifted its position in Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after acquiring an additional 668 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Broad Market ETF in the third quarter valued at $703,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $21.83 on Monday. The company has a 50-day simple moving average of $22.87 and a 200-day simple moving average of $22.71. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The stock has a market capitalization of $31.22 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05.

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.