Blossom Wealth Management Boosts Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Blossom Wealth Management lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 158.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 67,948 shares of the company’s stock after acquiring an additional 41,673 shares during the period. Schwab US Broad Market ETF makes up about 3.0% of Blossom Wealth Management’s holdings, making the stock its 5th largest holding. Blossom Wealth Management’s holdings in Schwab US Broad Market ETF were worth $1,542,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SCHB. Hengehold Capital Management LLC lifted its position in Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after acquiring an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC increased its stake in shares of 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 worth $147,681,000 after purchasing an additional 4,281,591 shares during the period. HT Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 202.6% during the 4th quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after purchasing an additional 4,052,932 shares during the last quarter. Hanson & Doremus Investment Management boosted its stake in Schwab US Broad Market ETF by 203.1% during the 4th 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 period. Finally, Summit Financial Strategies Inc. grew its holdings in Schwab US Broad Market ETF by 192.0% in the 4th quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock valued at $92,005,000 after buying an additional 2,665,067 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.6 %

Shares of SCHB stock opened at $23.36 on Friday. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month high of $23.73. The firm has a market cap 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 $22.31.

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.