Shepherd Street Advisors LLC Buys New Stake in Schwab US Broad Market ETF $SCHB

Shepherd Street Advisors LLC bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,193 shares of the company’s stock, valued at approximately $608,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. GeoWealth Management LLC increased its stake in Schwab US Broad Market ETF by 0.4% in the third quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock valued at $2,572,000 after acquiring an additional 388 shares during the period. Occidental Asset Management LLC boosted its stake in Schwab US Broad Market ETF by 4.2% in the 4th quarter. Occidental Asset Management LLC now owns 9,880 shares of the company’s stock valued at $259,000 after buying an additional 400 shares in the last quarter. Summit Place Financial Advisors LLC boosted its stake in Schwab US Broad Market ETF by 1.0% in the 4th quarter. Summit Place Financial Advisors LLC now owns 41,214 shares of the company’s stock valued at $1,081,000 after buying an additional 425 shares in the last quarter. Cherry Tree Wealth Management LLC boosted its stake in Schwab US Broad Market ETF by 0.4% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 116,680 shares of the company’s stock valued at $3,061,000 after buying an additional 434 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its stake in Schwab US Broad Market ETF by 9.1% in the 4th quarter. CENTRAL TRUST Co now owns 5,444 shares of the company’s stock valued at $143,000 after buying an additional 454 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $29.32 on Wednesday. The firm has a market cap of $43.36 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $22.80 and a one year high of $29.35. The stock’s fifty day simple moving average is $27.19 and its 200 day simple moving average is $26.62.

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