Focus Financial Network Inc. Buys 33,700 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Focus Financial Network Inc. lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 934,523 shares of the company’s stock after purchasing an additional 33,700 shares during the quarter. Schwab US Broad Market ETF accounts for about 0.8% of Focus Financial Network Inc.’s holdings, making the stock its 24th largest position. Focus Financial Network Inc. owned about 0.07% of Schwab US Broad Market ETF worth $20,120,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Promus Capital LLC purchased a new position in Schwab US Broad Market ETF during the 4th quarter valued at about $25,000. Blume Capital Management Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 200.3% in the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after buying an additional 741 shares in the last quarter. Tucker Asset Management LLC boosted its position in shares of Schwab US Broad Market ETF by 233.9% in the fourth quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after acquiring an additional 765 shares during the period. Studio Investment Management LLC grew its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after acquiring an additional 728 shares in the last quarter. Finally, Maryland Capital Advisors Inc. lifted its stake 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 worth $26,000 after purchasing an additional 774 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $23.26 on Wednesday. The firm has a market capitalization of $33.49 billion, a P/E ratio of 23.87 and a beta of 1.03. Schwab US Broad Market ETF has a one year low of $18.53 and a one year high of $23.77. The company has a fifty day moving average price of $21.62 and a 200-day moving average price of $22.44.

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.