Red Door Wealth Management LLC Grows Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Red Door Wealth Management LLC grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 243,805 shares of the company’s stock after acquiring an additional 162,386 shares during the period. Red Door Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $5,534,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHB. HB Wealth Management LLC raised its position in Schwab US Broad Market ETF by 192.5% in the fourth 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 raised its holdings in shares of 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 buying an additional 167,787 shares during the period. Ballentine Partners LLC lifted its position in Schwab US Broad Market ETF by 192.7% during the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after acquiring an additional 2,055,961 shares in the last quarter. Hengehold Capital Management LLC boosted its holdings in Schwab US Broad Market ETF by 1.3% in the 3rd quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock worth $203,288,000 after acquiring an additional 38,823 shares during the period. Finally, Strid Group LLC grew its position in 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 acquiring an additional 111,281 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.6 %

NYSEARCA SCHB opened at $23.67 on Friday. The stock has a market cap of $10.88 billion, a P/E ratio of 25.24 and a beta of 1.02. The company’s fifty day simple moving average is $23.13 and its 200-day simple moving average is $22.23. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73.

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.