Caprock Group LLC Has $50.86 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Caprock Group LLC raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,240,636 shares of the company’s stock after purchasing an additional 1,496,103 shares during the quarter. Schwab US Broad Market ETF makes up about 1.7% of Caprock Group LLC’s portfolio, making the stock its 8th biggest holding. Caprock Group LLC owned 0.49% of Schwab US Broad Market ETF worth $50,862,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the stock. Hengehold Capital Management LLC lifted its position in shares of Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after buying an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after buying an additional 4,281,591 shares during the last quarter. HT Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 202.6% in the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after buying an additional 4,052,932 shares during the last quarter. Hanson & Doremus Investment Management lifted its position in shares of Schwab US Broad Market ETF by 203.1% in the fourth quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock valued at $133,961,000 after buying an additional 3,954,414 shares during the last quarter. Finally, Summit Financial Strategies Inc. lifted its position in shares of Schwab US Broad Market ETF by 192.0% in the fourth quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock valued at $92,005,000 after buying an additional 2,665,067 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.3 %

NYSEARCA:SCHB opened at $23.58 on Friday. The stock has a market cap of $10.84 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a 50 day simple moving average of $23.19 and a 200 day simple moving average of $22.30. Schwab US Broad Market ETF has a 1-year low of $18.75 and a 1-year high of $23.73.

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.