Seed Wealth Management Inc. Buys 139,662 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Seed Wealth Management Inc. boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, Holdings Channel reports. The firm owned 209,493 shares of the company’s stock after purchasing an additional 139,662 shares during the period. Schwab US Broad Market ETF comprises about 3.8% of Seed Wealth Management Inc.’s portfolio, making the stock its 3rd largest holding. Seed Wealth Management Inc.’s holdings in Schwab US Broad Market ETF were worth $4,755,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHB. Versant Capital Management Inc grew its stake in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after buying an additional 9,352 shares in the last quarter. Fulcrum Equity Management increased its stake in Schwab US Broad Market ETF by 6.3% during the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter worth about $703,000. Franklin Resources Inc. boosted its stake in shares of Schwab US Broad Market ETF by 952.4% in the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after purchasing an additional 4,000 shares during the period. Finally, Tudor Financial Inc. purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $996,000.

Schwab US Broad Market ETF Stock Up 0.2 %

Shares of SCHB stock opened at $22.54 on Tuesday. The firm has a 50 day moving average of $23.12 and a two-hundred day moving average of $22.14. The stock has a market capitalization of $10.36 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $18.25 and a 52 week 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.