Blue Oak Capital LLC Purchases New Stake in Schwab US Broad Market ETF $SCHB

Blue Oak Capital LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 13,220 shares of the company’s stock, valued at approximately $285,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHB. Studio Investment Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after purchasing an additional 728 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at approximately $25,000. Wealth Preservation Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at approximately $30,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $31,000. Finally, Curat Global LLC acquired a new stake in Schwab US Broad Market ETF during the first quarter worth $31,000.

Schwab US Broad Market ETF Stock Up 0.9%

SCHB stock opened at $25.43 on Friday. The business has a fifty day moving average of $24.57 and a two-hundred day moving average of $22.91. The stock has a market cap of $36.77 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $25.47.

Schwab US Broad Market ETF Company 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.