Whitegate Investment Counselors Inc. Raises Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Whitegate Investment Counselors Inc. boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 292.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,361 shares of the company’s stock after buying an additional 63,583 shares during the period. Whitegate Investment Counselors Inc.’s holdings in Schwab US Broad Market ETF were worth $1,938,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rebalance LLC lifted its holdings in shares of Schwab US Broad Market ETF by 199.9% during the fourth quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after purchasing an additional 7,646,591 shares during the last quarter. Hengehold Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. Strid Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 197.8% during the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after purchasing an additional 5,666,068 shares during the last quarter. Bouchey Financial Group Ltd lifted its holdings in shares of Schwab US Broad Market ETF by 213.4% during the fourth quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after purchasing an additional 5,560,636 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 206.2% during the fourth quarter. HighTower Advisors LLC now owns 8,146,204 shares of the company’s stock valued at $184,919,000 after purchasing an additional 5,485,579 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $21.23 on Friday. The firm has a market capitalization of $30.36 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. The firm has a 50 day moving average price of $23.00 and a 200-day moving average price of $22.69. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77.

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.