Schwab US Broad Market ETF (NYSEARCA:SCHB) is Brightwater Advisory LLC’s 9th Largest Position

Brightwater Advisory LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 177.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 240,156 shares of the company’s stock after purchasing an additional 153,457 shares during the period. Schwab US Broad Market ETF comprises approximately 4.3% of Brightwater Advisory LLC’s holdings, making the stock its 9th largest position. Brightwater Advisory LLC owned approximately 0.05% of Schwab US Broad Market ETF worth $5,452,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Valeo Financial Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after buying an additional 10,979 shares in the last quarter. Versant Capital Management Inc lifted its stake in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after acquiring an additional 9,352 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its position in Schwab US Broad Market ETF by 194.3% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock worth $571,000 after acquiring an additional 16,602 shares in the last quarter. Fulcrum Equity Management increased its stake in shares of Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at $703,000.

Schwab US Broad Market ETF Trading Down 0.5 %

SCHB stock opened at $22.93 on Wednesday. The firm has a market cap of $32.79 billion, a PE 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. The company has a fifty day simple moving average of $23.18 and a 200 day simple moving average of $22.64.

Schwab US Broad Market ETF Company 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.