Nicholas Hoffman & Company LLC. Grows Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Nicholas Hoffman & Company LLC. lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 173.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 61,604 shares of the company’s stock after acquiring an additional 39,077 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Schwab US Broad Market ETF were worth $1,398,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Hengehold Capital Management LLC grew its stake in shares of 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 in the last quarter. Strid Group LLC grew 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 valued at $193,636,000 after acquiring an additional 5,666,068 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in Schwab US Broad Market ETF by 6,492.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock worth $112,585,000 after purchasing an additional 4,884,457 shares during the period. HB Wealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after purchasing an additional 4,281,591 shares in the last quarter. Finally, HT Partners LLC boosted its stake in shares of 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 purchasing an additional 4,052,932 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.65 on Monday. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.73. The company has a 50 day moving average price of $23.19 and a 200 day moving average price of $22.49. The stock has a market capitalization of $10.87 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.