Schwab US Broad Market ETF (NYSEARCA:SCHB) Position Boosted by Beacon Wealthcare LLC

Beacon Wealthcare LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 459,209 shares of the company’s stock after buying an additional 305,036 shares during the period. Schwab US Broad Market ETF comprises 4.2% of Beacon Wealthcare LLC’s holdings, making the stock its 5th largest holding. Beacon Wealthcare LLC owned approximately 0.10% of Schwab US Broad Market ETF worth $10,424,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SCHB. Strategic Investment Solutions Inc. IL purchased a new position in Schwab US Broad Market ETF during the second quarter valued at approximately $28,000. GAMMA Investing LLC increased its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares during the last quarter. Joseph Group Capital Management purchased a new position in Schwab US Broad Market ETF during the 3rd quarter worth approximately $66,000. Northwest Investment Counselors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter worth approximately $69,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth $79,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB traded up $0.28 on Friday, reaching $22.94. The company had a trading volume of 2,777,025 shares, compared to its average volume of 3,976,162. The firm has a market capitalization of $10.55 billion, a PE ratio of 25.24 and a beta of 1.02. The firm has a 50-day moving average of $23.05 and a 200-day moving average of $22.04. Schwab US Broad Market ETF has a 1 year low of $18.17 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.