Cathy Pareto & Associates Inc. Buys Shares of 117,769 Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cathy Pareto & Associates Inc. bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 117,769 shares of the company’s stock, valued at approximately $2,673,000. Schwab US Broad Market ETF accounts for 2.5% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds have also recently added to or reduced their stakes in the company. Hengehold Capital Management LLC raised its stake in Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC boosted 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 valued at $147,681,000 after purchasing an additional 4,281,591 shares during the period. Rebalance LLC boosted its stake in Schwab US Broad Market ETF by 4.6% during the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after purchasing an additional 167,787 shares during the period. Ballentine Partners LLC grew its position in Schwab US Broad Market ETF by 192.7% in the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after purchasing an additional 2,055,961 shares during the last quarter. Finally, Strid Group LLC increased its stake in shares of Schwab US Broad Market ETF by 4.0% in the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after purchasing an additional 111,281 shares during the period.

Schwab US Broad Market ETF Stock Down 0.3 %

NYSEARCA:SCHB opened at $23.60 on Monday. Schwab US Broad Market ETF has a 52-week low of $18.75 and a 52-week high of $23.73. The firm has a market cap of $10.85 billion, a P/E ratio of 25.24 and a beta of 1.02. The business’s 50-day moving average price is $23.16 and its 200 day moving average price is $22.27.

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.