Baker Tilly Wealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 197.7% in the fourth quarter, Holdings Channel reports. The firm owned 26,808 shares of the company’s stock after buying an additional 17,804 shares during the period. Baker Tilly Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $609,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL purchased a new stake in Schwab US Broad Market ETF during the 2nd quarter worth approximately $28,000. GAMMA Investing LLC increased its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after purchasing an additional 964 shares in the last quarter. Joseph Group Capital Management acquired a new position in Schwab US Broad Market ETF in the 3rd quarter valued at $66,000. Northwest Investment Counselors LLC acquired a new position in Schwab US Broad Market ETF in the 3rd quarter valued at $69,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Schwab US Broad Market ETF in the 2nd quarter valued at $79,000.
Schwab US Broad Market ETF Stock Down 1.3 %
Shares of Schwab US Broad Market ETF stock traded down $0.29 during trading hours on Friday, reaching $22.56. 1,422,417 shares of the company’s stock were exchanged, compared to its average volume of 3,562,826. The business has a fifty day moving average of $23.10 and a two-hundred day moving average of $22.10. The company has a market capitalization of $10.37 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 $18.25 and a 1 year 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.
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