Exchange Capital Management Inc. Has $1.35 Million Position in Schwab US Broad Market ETF (SCHB)

Exchange Capital Management Inc. increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,807 shares of the company’s stock after purchasing an additional 181 shares during the quarter. Exchange Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $1,348,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Lowe Brockenbrough & Co. Inc. boosted its position in Schwab US Broad Market ETF by 4.7% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 13,643 shares of the company’s stock valued at $818,000 after acquiring an additional 615 shares during the last quarter. Mycio Wealth Partners LLC raised its holdings in shares of Schwab US Broad Market ETF by 5.6% during the fourth quarter. Mycio Wealth Partners LLC now owns 42,195 shares of the company’s stock valued at $2,528,000 after purchasing an additional 2,245 shares during the period. Ironwood Financial llc raised its holdings in shares of Schwab US Broad Market ETF by 144.6% during the fourth quarter. Ironwood Financial llc now owns 43,939 shares of the company’s stock valued at $2,633,000 after purchasing an additional 25,976 shares during the period. Smithbridge Asset Management Inc. DE raised its holdings in shares of Schwab US Broad Market ETF by 58.0% during the first quarter. Smithbridge Asset Management Inc. DE now owns 8,125 shares of the company’s stock valued at $553,000 after purchasing an additional 2,983 shares during the period. Finally, Successful Portfolios LLC raised its holdings in shares of Schwab US Broad Market ETF by 9.3% during the fourth quarter. Successful Portfolios LLC now owns 78,944 shares of the company’s stock valued at $4,731,000 after purchasing an additional 6,711 shares during the period.

Shares of NYSEARCA SCHB opened at $69.09 on Friday. Schwab US Broad Market ETF has a 1-year low of $56.12 and a 1-year high of $71.36.

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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.

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

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