Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Richardson Capital Management LLC

Richardson Capital Management LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 121.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,482 shares of the company’s stock after purchasing an additional 3,006 shares during the quarter. Richardson Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $124,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHB. Equita Financial Network Inc. increased its stake in shares of Schwab US Broad Market ETF by 0.5% in the 3rd quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock worth $6,229,000 after acquiring an additional 451 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 4.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after purchasing an additional 462 shares during the period. Citizens Financial Group Inc. RI increased its position in Schwab US Broad Market ETF by 3.7% during the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock worth $884,000 after purchasing an additional 470 shares during the last quarter. Private Advisor Group LLC increased its position in Schwab US Broad Market ETF by 0.7% during the third quarter. Private Advisor Group LLC now owns 71,877 shares of the company’s stock worth $4,781,000 after purchasing an additional 483 shares during the last quarter. Finally, Walter & Keenan Wealth Management LLC IN ADV raised its stake in Schwab US Broad Market ETF by 0.6% during the third quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 92,093 shares of the company’s stock worth $6,126,000 after purchasing an additional 559 shares during the period.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.18 on Friday. The firm has a 50 day simple moving average of $23.20 and a 200-day simple moving average of $22.57. The stock has a market cap of $33.15 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77.

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.