Sage Mountain Advisors LLC Buys 4,354 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Sage Mountain Advisors LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6,132.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,425 shares of the company’s stock after acquiring an additional 4,354 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $100,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SCHB. Rebalance LLC increased its stake in shares of Schwab US Broad Market ETF by 199.9% in the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after acquiring an additional 7,646,591 shares in the last quarter. Hengehold Capital Management LLC increased its stake in shares of Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after acquiring an additional 5,886,366 shares in the last quarter. Strid Group LLC increased its stake in shares of Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after acquiring an additional 5,666,068 shares in the last quarter. Bouchey Financial Group Ltd increased its stake in shares of Schwab US Broad Market ETF by 213.4% in the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after acquiring an additional 5,560,636 shares in the last quarter. Finally, Strategic Financial Concepts LLC increased its stake in shares of Schwab US Broad Market ETF by 6,492.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock valued at $112,585,000 after acquiring an additional 4,884,457 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.5 %

NYSEARCA:SCHB opened at $21.52 on Thursday. The company has a fifty day moving average of $23.03 and a 200-day moving average of $22.70. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The firm has a market capitalization of $30.77 billion, a P/E ratio of 23.90 and a beta of 1.05.

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.