Donaldson Capital Management LLC Buys 24,114 Shares of Schwab US Broad Market ETF $SCHB

Donaldson Capital Management LLC raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 14.3% during the fourth quarter, HoldingsChannel reports. The fund owned 192,702 shares of the company’s stock after buying an additional 24,114 shares during the period. Donaldson Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $5,055,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $27,000. Wiser Advisor Group LLC purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at about $29,000. First Pacific Financial bought a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at about $51,000. LGT Financial Advisors LLC purchased a new position in Schwab US Broad Market ETF in the third quarter worth about $52,000. Finally, Beacon Financial Strategies CORP purchased a new position in Schwab US Broad Market ETF in the fourth quarter worth about $64,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $24.50 on Monday. The firm’s 50 day moving average price is $26.22 and its 200-day moving average price is $26.11. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.94. The company has a market cap of $35.70 billion, a PE ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.