Weaver Capital Management LLC Boosts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Weaver Capital Management LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 14,936,350.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,493,645 shares of the company’s stock after purchasing an additional 1,493,635 shares during the period. Schwab US Broad Market ETF accounts for approximately 9.5% of Weaver Capital Management LLC’s portfolio, making the stock its biggest holding. Weaver Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $33,906,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Albion Financial Group UT grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after purchasing an additional 840 shares during the period. Global Financial Private Client LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the period. GAMMA Investing LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after purchasing an additional 964 shares during the period. Capital Investment Advisory Services LLC lifted its stake in shares of Schwab US Broad Market ETF by 128.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock valued at $35,000 after purchasing an additional 854 shares during the period. Finally, Marquette Asset Management LLC increased its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after buying an additional 1,062 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.7 %

SCHB opened at $23.37 on Wednesday. Schwab US Broad Market ETF has a 12 month low of $18.98 and a 12 month high of $23.73. The company has a fifty day simple moving average of $23.20 and a 200 day simple moving average of $22.34. The stock has a market cap of $10.74 billion, a P/E 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.