Hollencrest Capital Management Purchases 4,050 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Hollencrest Capital Management grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, Holdings Channel reports. The fund owned 6,075 shares of the company’s stock after buying an additional 4,050 shares during the quarter. Hollencrest Capital Management’s holdings in Schwab US Broad Market ETF were worth $138,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Promus Capital LLC bought a new stake in Schwab US Broad Market ETF in the fourth quarter worth $25,000. Maryland Capital Advisors Inc. lifted its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares during the last quarter. Wiser Advisor Group LLC lifted its position in Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 785 shares during the last quarter. Jackson Grant Investment Advisers Inc. lifted its position in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares during the last quarter. Finally, Beacon Capital Management LLC lifted its position in Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after buying an additional 811 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.5 %

Shares of SCHB opened at $21.52 on Thursday. The company has a market cap of $30.77 billion, a PE ratio of 23.90 and a beta of 1.05. The business has a fifty day moving average of $23.03 and a 200 day moving average of $22.70. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77.

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.