Choreo LLC Increases Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Choreo LLC raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 71.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 83,942 shares of the company’s stock after buying an additional 35,105 shares during the period. Choreo LLC’s holdings in Schwab US Broad Market ETF were worth $1,905,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Joseph Group Capital Management purchased a new stake in Schwab US Broad Market ETF during the third quarter valued at approximately $66,000. Northwest Investment Counselors LLC purchased a new stake in Schwab US Broad Market ETF during the third quarter valued at approximately $69,000. Albion Financial Group UT increased its holdings in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after buying an additional 840 shares during the last quarter. Global Financial Private Client LLC increased its holdings in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after buying an additional 888 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 1.0 %

Shares of SCHB stock opened at $23.32 on Friday. Schwab US Broad Market ETF has a 12 month low of $19.04 and a 12 month high of $23.73. The stock has a market cap of $10.72 billion, a P/E ratio of 25.24 and a beta of 1.02. The company has a 50 day simple moving average of $23.20 and a two-hundred day simple moving average of $22.37.

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.