SRH Advisors LLC Has $8.66 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

SRH Advisors LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 203.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 381,490 shares of the company’s stock after acquiring an additional 255,708 shares during the period. Schwab US Broad Market ETF accounts for about 2.6% of SRH Advisors LLC’s investment portfolio, making the stock its 7th largest position. SRH Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $8,660,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. 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 valued at $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. Strid Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 197.8% during the 4th 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 during the period. Strategic Financial Concepts LLC raised its position in shares of Schwab US Broad Market ETF by 6,492.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock valued at $112,585,000 after buying an additional 4,884,457 shares during the last quarter. HB Wealth Management LLC lifted 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 valued at $147,681,000 after buying an additional 4,281,591 shares during the period. Finally, HT Partners LLC grew its position in Schwab US Broad Market ETF by 202.6% during the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after buying an additional 4,052,932 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $23.47 on Wednesday. The stock’s 50-day moving average price is $23.20 and its 200 day moving average price is $22.42. Schwab US Broad Market ETF has a 12-month low of $19.04 and a 12-month high of $23.73. The firm has a market capitalization of $10.79 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.