Rappaport Reiches Capital Management LLC Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Rappaport Reiches Capital Management LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 210.2% during the fourth quarter, HoldingsChannel reports. The firm owned 232,804 shares of the company’s stock after purchasing an additional 157,758 shares during the period. Schwab US Broad Market ETF comprises 1.4% of Rappaport Reiches Capital Management LLC’s holdings, making the stock its 15th biggest position. Rappaport Reiches Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $5,285,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHB. Hengehold Capital Management LLC raised its position in shares of Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after buying an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC increased its stake in Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after purchasing an additional 4,281,591 shares during the period. Ballentine Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 192.7% during the fourth quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after purchasing an additional 2,055,961 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Schwab US Broad Market ETF by 195.7% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after purchasing an additional 1,821,631 shares during the period. Finally, Myecfo LLC grew its holdings in shares of Schwab US Broad Market ETF by 206.4% in the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock valued at $51,539,000 after purchasing an additional 1,529,275 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.6 %

Schwab US Broad Market ETF stock opened at $23.67 on Friday. The company’s 50 day moving average is $23.13 and its two-hundred day moving average is $22.23. The firm has a market cap of $10.88 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.75 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.