Schrum Private Wealth Management LLC Acquires 5,950 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Schrum Private Wealth Management LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 50.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,850 shares of the company’s stock after purchasing an additional 5,950 shares during the quarter. Schrum Private Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $405,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SCHB. Equita Financial Network Inc. lifted its stake in shares of Schwab US Broad Market ETF by 0.5% in the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after buying an additional 451 shares during the period. Cornerstone Planning Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 4.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock worth $247,000 after purchasing an additional 462 shares in the last quarter. Citizens Financial Group Inc. RI increased its position in shares of Schwab US Broad Market ETF by 3.7% during the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after purchasing an additional 470 shares during the period. Wilson & Boucher Capital Management LLC raised its stake in shares of Schwab US Broad Market ETF by 0.6% in the third quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock valued at $6,259,000 after purchasing an additional 575 shares in the last quarter. Finally, Strategic Family Wealth Counselors L.L.C. boosted its stake in Schwab US Broad Market ETF by 0.7% during the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 85,007 shares of the company’s stock worth $5,655,000 after buying an additional 580 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $22.50 on Thursday. The company has a market capitalization of $32.18 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. The company has a 50-day moving average of $23.14 and a 200-day moving average of $22.69. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.77.

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.