Tortoise Investment Management LLC Has $3.09 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Tortoise Investment Management LLC boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,460 shares of the company’s stock after buying an additional 2,624 shares during the period. Tortoise Investment Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,087,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of SCHB. Hengehold Capital Management LLC increased its position in shares of Schwab US Broad Market ETF by 1.0% during the fourth quarter. Hengehold Capital Management LLC now owns 3,015,692 shares of the company’s stock worth $167,884,000 after acquiring an additional 30,118 shares in the last quarter. Bouchey Financial Group Ltd raised its stake in Schwab US Broad Market ETF by 11.0% in the 4th quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock worth $133,234,000 after purchasing an additional 237,905 shares in the last quarter. Evergreen Advisors LLC raised its stake in Schwab US Broad Market ETF by 1.0% in the 4th quarter. Evergreen Advisors LLC now owns 2,206,888 shares of the company’s stock worth $122,857,000 after purchasing an additional 21,689 shares in the last quarter. Callan Capital LLC raised its stake in Schwab US Broad Market ETF by 2.1% in the 4th quarter. Callan Capital LLC now owns 2,125,616 shares of the company’s stock worth $118,333,000 after purchasing an additional 43,432 shares in the last quarter. Finally, FFT Wealth Management LLC increased its holdings in Schwab US Broad Market ETF by 2.5% in the 4th quarter. FFT Wealth Management LLC now owns 1,632,813 shares of the company’s stock valued at $90,899,000 after buying an additional 39,608 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock traded down $0.06 during midday trading on Friday, hitting $62.64. 461,356 shares of the company traded hands, compared to its average volume of 823,691. The stock has a market cap of $28.80 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm’s fifty day moving average price is $60.42 and its 200-day moving average price is $58.37. Schwab US Broad Market ETF has a 12 month low of $47.46 and a 12 month high of $62.99.

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.