Shepherd Financial Partners LLC Has $405,000 Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Shepherd Financial Partners LLC grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,834 shares of the company’s stock after acquiring an additional 11,910 shares during the period. Shepherd Financial Partners LLC’s holdings in Schwab US Broad Market ETF were worth $405,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHB. Hengehold Capital Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after purchasing an additional 5,886,366 shares during the period. Strategic Financial Concepts LLC boosted its position in Schwab US Broad Market ETF by 6,492.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock valued at $112,585,000 after buying an additional 4,884,457 shares in the last quarter. HB Wealth Management LLC grew its position in Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after acquiring an additional 4,281,591 shares during the last quarter. HT Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 202.6% during 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 in the last quarter. Finally, Hanson & Doremus Investment Management increased its stake in shares of Schwab US Broad Market ETF by 203.1% in the fourth quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock valued at $133,961,000 after buying an additional 3,954,414 shares during the period.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.32 on Friday. The stock’s 50 day moving average is $23.20 and its 200 day moving average is $22.37. Schwab US Broad Market ETF has a one year low of $19.04 and a one year high of $23.73. The firm has a market cap of $10.72 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.