Patten & Patten Inc. TN Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Patten & Patten Inc. TN grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,385 shares of the company’s stock after buying an additional 8,256 shares during the quarter. Patten & Patten Inc. TN’s holdings in Schwab US Broad Market ETF were worth $281,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Equita Financial Network Inc. raised its position in shares of Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after buying an additional 451 shares in the last quarter. Cornerstone Planning Group LLC lifted its stake in 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 worth $247,000 after purchasing an additional 462 shares during the last quarter. Citizens Financial Group Inc. RI lifted its stake in Schwab US Broad Market ETF by 3.7% in 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. Wilson & Boucher Capital Management LLC lifted its stake in Schwab US Broad Market ETF by 0.6% in the third quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock worth $6,259,000 after purchasing an additional 575 shares during the last quarter. Finally, Asset Management Group Inc. lifted its stake in Schwab US Broad Market ETF by 1.8% in the third quarter. Asset Management Group Inc. now owns 33,108 shares of the company’s stock worth $2,202,000 after purchasing an additional 588 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 2.2 %

Schwab US Broad Market ETF stock opened at $21.69 on Monday. The company has a market capitalization of $31.02 billion, a PE ratio of 23.90 and a beta of 1.05. The firm has a fifty day simple moving average of $22.97 and a two-hundred day simple moving average of $22.70. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month 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.