Schwab US Broad Market ETF $SCHB Shares Purchased by NewEdge Wealth LLC

NewEdge Wealth LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 32.2% in the 4th quarter, Holdings Channel reports. The fund owned 109,249 shares of the company’s stock after purchasing an additional 26,598 shares during the period. NewEdge Wealth LLC’s holdings in Schwab US Broad Market ETF were worth $2,866,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHB. Donaldson Capital Management LLC grew its stake in shares of Schwab US Broad Market ETF by 14.3% during the 4th quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock valued at $5,055,000 after buying an additional 24,114 shares during the period. Sunburst Financial Group LLC grew its stake in shares of Schwab US Broad Market ETF by 1.9% during the 4th quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock valued at $55,770,000 after buying an additional 39,321 shares during the period. ELCO Management Co. LLC grew its stake in shares of Schwab US Broad Market ETF by 15.9% during the 3rd quarter. ELCO Management Co. LLC now owns 168,506 shares of the company’s stock valued at $4,332,000 after buying an additional 23,150 shares during the period. Dorato Capital Management purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at $2,500,000. Finally, Belpointe Asset Management LLC grew its stake in shares of Schwab US Broad Market ETF by 102.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 138,864 shares of the company’s stock valued at $3,570,000 after buying an additional 70,203 shares during the period.

Schwab US Broad Market ETF Stock Down 0.2%

Shares of NYSEARCA SCHB opened at $28.41 on Wednesday. Schwab US Broad Market ETF has a 52-week low of $22.16 and a 52-week high of $28.55. The firm has a fifty day moving average of $26.42 and a 200-day moving average of $26.37. The stock has a market capitalization of $42.01 billion, a PE ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.