Councilmark Asset Management LLC Purchases 8,860 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Councilmark Asset Management LLC increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,290 shares of the company’s stock after buying an additional 8,860 shares during the quarter. Councilmark Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SCHB. Valeo Financial Advisors LLC lifted its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after purchasing an additional 10,979 shares during the last quarter. Versant Capital Management Inc lifted its position 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 purchasing an additional 9,352 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted 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 valued at $571,000 after purchasing an additional 16,602 shares during the last quarter. Fulcrum Equity Management lifted its position in Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after purchasing an additional 668 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Schwab US Broad Market ETF in the third quarter valued at approximately $703,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $21.63 on Wednesday. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77. The stock has a 50 day moving average price of $22.93 and a two-hundred day moving average price of $22.70. The company has a market capitalization of $30.93 billion, a P/E ratio of 23.90 and a beta of 1.05.

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.