Wilmington Savings Fund Society FSB increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 200.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 31,722 shares of the company’s stock after purchasing an additional 21,148 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Schwab US Broad Market ETF were worth $720,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of SCHB. Hengehold Capital Management LLC grew its stake 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 valued at $202,993,000 after buying an additional 5,886,366 shares during the last quarter. Strid Group LLC increased its stake in Schwab US Broad Market ETF by 197.8% in the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after purchasing an additional 5,666,068 shares during the period. HB Wealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 192.5% during 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 last quarter. HT Partners LLC grew its holdings in shares of Schwab US Broad Market ETF by 202.6% in the fourth 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. Finally, Hanson & Doremus Investment Management increased its stake in Schwab US Broad Market ETF by 203.1% in the 4th quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock worth $133,961,000 after buying an additional 3,954,414 shares during the period.
Schwab US Broad Market ETF Price Performance
Shares of SCHB opened at $23.47 on Tuesday. The firm has a market capitalization of $10.79 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company has a 50-day moving average of $23.20 and a 200 day moving average of $22.40. Schwab US Broad Market ETF has a 1-year low of $19.04 and a 1-year high of $23.73.
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.
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