Cutter & CO Brokerage Inc. Buys New Shares in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cutter & CO Brokerage Inc. purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,118 shares of the company’s stock, valued at approximately $229,000.

A number of other hedge funds have also recently bought and sold shares of SCHB. Foster & Motley Inc. grew its position in shares of Schwab US Broad Market ETF by 3.1% in the 4th quarter. Foster & Motley Inc. now owns 9,793 shares of the company’s stock valued at $545,000 after acquiring an additional 290 shares during the period. GUNN & Co INVESTMENT MANAGEMENT INC. bought a new position in Schwab US Broad Market ETF during the fourth quarter worth about $203,000. North Star Asset Management Inc. increased its position in Schwab US Broad Market ETF by 3.7% during the fourth quarter. North Star Asset Management Inc. now owns 942,554 shares of the company’s stock worth $52,472,000 after buying an additional 33,943 shares during the last quarter. Legacy Financial Strategies LLC raised its stake in Schwab US Broad Market ETF by 1.7% in the fourth quarter. Legacy Financial Strategies LLC now owns 581,452 shares of the company’s stock valued at $32,369,000 after buying an additional 9,806 shares during the period. Finally, CWM LLC lifted its position in shares of Schwab US Broad Market ETF by 10.0% in the fourth quarter. CWM LLC now owns 104,646 shares of the company’s stock valued at $5,826,000 after buying an additional 9,502 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.1 %

Shares of NYSEARCA SCHB traded up $0.03 during midday trading on Wednesday, hitting $58.87. 398,674 shares of the company’s stock were exchanged, compared to its average volume of 862,317. The firm has a market capitalization of $27.00 billion, a PE ratio of 24.49 and a beta of 1.03. Schwab US Broad Market ETF has a 12 month low of $46.92 and a 12 month high of $61.18. The company’s 50 day moving average price is $59.56 and its 200 day moving average price is $55.68.

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.