Assetmark Inc. Has $3.34 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Assetmark Inc. lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 19,160.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 147,148 shares of the company’s stock after purchasing an additional 146,384 shares during the quarter. Assetmark Inc.’s holdings in Schwab US Broad Market ETF were worth $3,340,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Equita Financial Network Inc. lifted its position in shares of Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock worth $6,229,000 after buying an additional 451 shares during the period. Cornerstone Planning Group LLC lifted its position in shares of Schwab US Broad Market ETF by 4.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock worth $247,000 after buying an additional 462 shares during the period. Citizens Financial Group Inc. RI lifted its position in shares of Schwab US Broad Market ETF by 3.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock worth $884,000 after buying an additional 470 shares during the period. Wilson & Boucher Capital Management LLC lifted its position in shares of Schwab US Broad Market ETF by 0.6% during the 3rd quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock worth $6,259,000 after buying an additional 575 shares during the period. Finally, Asset Management Group Inc. raised its position in Schwab US Broad Market ETF by 1.8% in the 3rd quarter. Asset Management Group Inc. now owns 33,108 shares of the company’s stock valued at $2,202,000 after purchasing an additional 588 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $22.18 on Monday. The stock has a fifty day moving average price of $23.10 and a two-hundred day moving average price of $22.71. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The company has a market cap of $31.72 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04.

About Schwab US Broad Market ETF

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.