Schwab US Broad Market ETF (NYSEARCA:SCHB) is CHB Investment Group LLC’s 10th Largest Position

CHB Investment Group LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 182.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 135,798 shares of the company’s stock after purchasing an additional 87,699 shares during the quarter. Schwab US Broad Market ETF makes up about 1.7% of CHB Investment Group LLC’s holdings, making the stock its 10th biggest position. CHB Investment Group LLC’s holdings in Schwab US Broad Market ETF were worth $3,083,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rebalance LLC grew its holdings in shares of Schwab US Broad Market ETF by 4.6% in the third quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after acquiring an additional 167,787 shares in the last quarter. Hengehold Capital Management LLC grew its stake 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 valued at $203,288,000 after purchasing an additional 38,823 shares during the period. Strid Group LLC increased its position in shares of Schwab US Broad Market ETF by 4.0% during the 3rd quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after purchasing an additional 111,281 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 7.8% during the 3rd quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after purchasing an additional 191,480 shares during the last quarter. Finally, Accredited Investors Inc. raised its stake in shares of Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Accredited Investors Inc. now owns 1,619,374 shares of the company’s stock worth $107,721,000 after purchasing an additional 7,749 shares during the period.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $22.54 on Tuesday. The company has a market capitalization of $10.36 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.25 and a 52-week high of $23.73. The company has a 50-day simple moving average of $23.12 and a 200 day simple moving average of $22.14.

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.