AlphaQ Advisors LLC Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

AlphaQ Advisors LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 209.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,186 shares of the company’s stock after acquiring an additional 11,638 shares during the period. Schwab US Broad Market ETF accounts for 1.1% of AlphaQ Advisors LLC’s investment portfolio, making the stock its 24th biggest position. AlphaQ Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $390,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. McIlrath & Eck LLC grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. McIlrath & Eck LLC now owns 4,230 shares of the company’s stock worth $96,000 after purchasing an additional 2,820 shares during the last quarter. McCarthy Asset Management Inc. raised its position in Schwab US Broad Market ETF by 142.8% during the 4th quarter. McCarthy Asset Management Inc. now owns 102,506 shares of the company’s stock valued at $2,327,000 after purchasing an additional 60,281 shares during the last quarter. Monograph Wealth Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 219.4% in the 4th quarter. Monograph Wealth Advisors LLC now owns 34,453 shares of the company’s stock worth $782,000 after buying an additional 23,667 shares during the period. Focus Partners Advisor Solutions LLC grew its position in shares of Schwab US Broad Market ETF by 169.8% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 173,827 shares of the company’s stock worth $3,946,000 after buying an additional 109,391 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in shares of Schwab US Broad Market ETF by 0.9% in the 4th quarter. Continuum Advisory LLC now owns 59,616 shares of the company’s stock worth $1,353,000 after buying an additional 539 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $22.87 on Wednesday. The stock’s 50 day moving average price is $21.31 and its 200-day moving average price is $22.46. The stock has a market capitalization of $32.93 billion, a PE ratio of 25.46 and a beta of 1.03. Schwab US Broad Market ETF has a 52-week low of $18.53 and a 52-week high of $23.77.

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.