Crestwood Advisors Group LLC Buys 119,381 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Crestwood Advisors Group LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 179,063 shares of the company’s stock after purchasing an additional 119,381 shares during the period. Crestwood Advisors Group LLC’s holdings in Schwab US Broad Market ETF were worth $4,065,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Hengehold Capital Management LLC increased its position in Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after purchasing an additional 5,886,366 shares during the period. Strid Group LLC boosted its stake in shares of Schwab US Broad Market ETF by 197.8% in the 4th 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. Strategic Financial Concepts LLC grew its position in shares of Schwab US Broad Market ETF by 6,492.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock worth $112,585,000 after buying an additional 4,884,457 shares during the period. Empower Advisory Group LLC raised its stake in shares of Schwab US Broad Market ETF by 2,357.8% during the fourth quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock worth $111,055,000 after buying an additional 4,693,222 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in 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.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.05 on Tuesday. The firm’s 50 day moving average price is $23.20 and its two-hundred day moving average price is $22.60. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The stock has a market cap of $32.96 billion, a PE ratio of 25.96 and a beta of 1.04.

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.