Wealth Architects LLC Raises Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Wealth Architects LLC raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,340 shares of the company’s stock after acquiring an additional 39,296 shares during the period. Wealth Architects LLC’s holdings in Schwab US Broad Market ETF were worth $1,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of SCHB. Oppenheimer & Co. Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $291,000. Accredited Investors Inc. raised its holdings in Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Accredited Investors Inc. now owns 1,619,374 shares of the company’s stock valued at $107,721,000 after buying an additional 7,749 shares during the period. Sawgrass Asset Management LLC raised its holdings in Schwab US Broad Market ETF by 23.8% during the 3rd quarter. Sawgrass Asset Management LLC now owns 75,717 shares of the company’s stock valued at $5,037,000 after buying an additional 14,545 shares during the period. Claro Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at $201,000. Finally, MAI Capital Management raised its holdings in Schwab US Broad Market ETF by 1.8% during the 3rd quarter. MAI Capital Management now owns 84,046 shares of the company’s stock valued at $5,591,000 after buying an additional 1,518 shares during the period.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $21.69 on Monday. The stock’s fifty day moving average is $22.97 and its 200 day moving average is $22.70. The firm has a market capitalization of $31.02 billion, a PE ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77.

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.