Adamsbrown Wealth Consultants LLC increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 201.0% during the 4th quarter, HoldingsChannel reports. The fund owned 14,336 shares of the company’s stock after acquiring an additional 9,573 shares during the quarter. Adamsbrown Wealth Consultants LLC’s holdings in Schwab US Broad Market ETF were worth $325,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHB. Hengehold Capital Management LLC increased its holdings in Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after buying an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC increased its holdings in Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after buying an additional 4,281,591 shares during the last quarter. HT Partners LLC increased its holdings in Schwab US Broad Market ETF by 202.6% in the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after buying an additional 4,052,932 shares during the last quarter. Hanson & Doremus Investment Management grew its holdings in shares of Schwab US Broad Market ETF by 203.1% during the fourth quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock valued at $133,961,000 after purchasing an additional 3,954,414 shares during the last quarter. Finally, Summit Financial Strategies Inc. grew its holdings in shares of Schwab US Broad Market ETF by 192.0% during the fourth quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock valued at $92,005,000 after purchasing an additional 2,665,067 shares during the last quarter.
Schwab US Broad Market ETF Trading Down 0.6 %
NYSEARCA:SCHB opened at $23.36 on Monday. The firm has a market capitalization of $10.74 billion, a PE ratio of 25.24 and a beta of 1.02. The stock has a 50 day moving average of $23.20 and a 200-day moving average of $22.32. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73.
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.
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