Mutual Advisors LLC Boosts Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mutual Advisors LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 232,168 shares of the company’s stock after buying an additional 5,269 shares during the period. Mutual Advisors LLC owned 0.05% of Schwab US Broad Market ETF worth $5,333,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Renaissance Technologies LLC purchased a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at $704,000. AE Wealth Management LLC increased its stake in Schwab US Broad Market ETF by 13.2% in the second quarter. AE Wealth Management LLC now owns 12,922 shares of the company’s stock valued at $812,000 after purchasing an additional 1,508 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 314.0% in the second quarter. EverSource Wealth Advisors LLC now owns 2,310 shares of the company’s stock valued at $148,000 after buying an additional 1,752 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Schwab US Broad Market ETF by 60.0% during the second quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock worth $715,000 after buying an additional 4,223 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of Schwab US Broad Market ETF during the second quarter worth about $241,000.

Schwab US Broad Market ETF Stock Up 0.5 %

Shares of SCHB stock opened at $23.54 on Thursday. Schwab US Broad Market ETF has a 52-week low of $18.75 and a 52-week high of $23.73. The stock’s 50-day moving average price is $23.13 and its 200 day moving average price is $22.22. The stock has a market capitalization of $10.82 billion, a PE ratio of 25.24 and a beta of 1.02.

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.