Weatherly Asset Management L. P. Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Weatherly Asset Management L. P. boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,415 shares of the company’s stock after acquiring an additional 17,610 shares during the period. Weatherly Asset Management L. P.’s holdings in Schwab US Broad Market ETF were worth $600,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHB. Hengehold Capital Management LLC increased its stake 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 worth $202,993,000 after acquiring an additional 5,886,366 shares during the period. Strid Group LLC increased its stake in shares of Schwab US Broad Market ETF by 197.8% in the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after acquiring an additional 5,666,068 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of Schwab US Broad Market ETF by 6,492.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock worth $112,585,000 after acquiring an additional 4,884,457 shares during the period. HB Wealth Management LLC increased its stake 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 worth $147,681,000 after acquiring an additional 4,281,591 shares during the period. Finally, HT Partners LLC increased its stake 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 worth $137,411,000 after acquiring an additional 4,052,932 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $23.47 on Tuesday. The firm has a market capitalization of $10.79 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $19.04 and a 1-year high of $23.73. The company’s fifty day moving average price is $23.20 and its 200-day moving average price is $22.40.

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.