W.H. Cornerstone Investments Inc. Raises Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

W.H. Cornerstone Investments Inc. grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 385.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,915 shares of the company’s stock after buying an additional 31,690 shares during the period. W.H. Cornerstone Investments Inc.’s holdings in Schwab US Broad Market ETF were worth $906,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SCHB. Hengehold Capital Management LLC raised its stake in Schwab US Broad Market ETF by 192.6% during the 4th 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 purchasing an additional 5,666,068 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of Schwab US Broad Market ETF by 6,492.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock valued at $112,585,000 after purchasing an additional 4,884,457 shares during the period. HB Wealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 192.5% during the 4th 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 in the last quarter. Finally, HT Partners LLC lifted its stake in shares of Schwab US Broad Market ETF by 202.6% during the 4th 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 in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.64 on Friday. The stock has a fifty day simple moving average of $23.19 and a two-hundred day simple moving average of $22.45. The firm has a market capitalization of $10.87 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.73.

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.