Wealthgarden F.S. LLC boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 143.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,291 shares of the company’s stock after buying an additional 11,940 shares during the quarter. Wealthgarden F.S. LLC’s holdings in Schwab US Broad Market ETF were worth $461,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHB. Hengehold Capital Management LLC lifted its position in 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 worth $202,993,000 after buying an additional 5,886,366 shares in the last quarter. Strid Group LLC lifted its position in 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 worth $193,636,000 after buying an additional 5,666,068 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in 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 worth $112,585,000 after buying an additional 4,884,457 shares in the last quarter. Empower Advisory Group LLC lifted its position in Schwab US Broad Market ETF by 2,357.8% in the 4th quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock worth $111,055,000 after buying an additional 4,693,222 shares in the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after purchasing an additional 4,281,591 shares in the last quarter.
Schwab US Broad Market ETF Trading Down 1.9 %
Schwab US Broad Market ETF stock opened at $23.18 on Friday. The company has a market capitalization of $33.15 billion, a P/E ratio of 25.96 and a beta of 1.04. The firm’s fifty day simple moving average is $23.20 and its 200-day simple moving average is $22.57. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77.
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.
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