Westmount Partners LLC Has $771,000 Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Westmount Partners LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) by 200.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 33,975 shares of the company’s stock after purchasing an additional 22,676 shares during the quarter. Westmount Partners LLC’s holdings in Schwab US Broad Market ETF were worth $771,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHB. Bank of New York Mellon Corp raised its stake in shares of Schwab US Broad Market ETF by 7.7% in the second quarter. Bank of New York Mellon Corp now owns 29,032 shares of the company’s stock valued at $1,825,000 after purchasing an additional 2,085 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of Schwab US Broad Market ETF in the second quarter valued at $79,000. Wealthspire Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 1.0% in the second quarter. Wealthspire Advisors LLC now owns 62,165 shares of the company’s stock valued at $3,908,000 after purchasing an additional 622 shares in the last quarter. Williams Financial LLC acquired a new position in shares of Schwab US Broad Market ETF in the second quarter valued at $2,352,000. Finally, Hanson & Doremus Investment Management raised its stake in Schwab US Broad Market ETF by 0.9% during the second quarter. Hanson & Doremus Investment Management now owns 1,937,609 shares of the company’s stock worth $121,817,000 after acquiring an additional 16,407 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.1 %

Schwab US Broad Market ETF stock traded down $0.03 during mid-day trading on Monday, hitting $22.47. 2,713,420 shares of the company were exchanged, compared to its average volume of 4,151,082. The business has a fifty day moving average of $23.11 and a 200 day moving average of $22.13. Schwab US Broad Market ETF has a 1-year low of $18.25 and a 1-year high of $23.73. The company has a market capitalization of $10.33 billion, a PE ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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