Fagan Associates Inc. raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,083 shares of the company’s stock after buying an additional 2,362 shares during the quarter. Schwab US Broad Market ETF comprises 2.5% of Fagan Associates Inc.’s investment portfolio, making the stock its 11th largest holding. Fagan Associates Inc.’s holdings in Schwab US Broad Market ETF were worth $4,799,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Ackerman Capital Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at $60,000,000. Evergreen Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at $62,126,000. Personal Capital Advisors Corp raised its stake in shares of Schwab US Broad Market ETF by 3,801.3% in the fourth quarter. Personal Capital Advisors Corp now owns 413,812 shares of the company’s stock valued at $24,800,000 after purchasing an additional 403,205 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Schwab US Broad Market ETF in the third quarter valued at $27,860,000. Finally, Asset Advisors Investment Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the third quarter valued at $20,702,000.

Shares of NYSEARCA SCHB opened at $65.28 on Monday. Schwab US Broad Market ETF has a one year low of $56.12 and a one year high of $71.36.

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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.

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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