Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Diversified Portfolios Inc.

Diversified Portfolios Inc. increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 214,110 shares of the company’s stock after acquiring an additional 142,740 shares during the period. Diversified Portfolios Inc.’s holdings in Schwab US Broad Market ETF were worth $4,860,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hengehold Capital Management LLC raised its stake in shares of Schwab US Broad Market ETF by 192.6% during the fourth 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 period. Strid Group LLC grew its holdings in 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 valued at $193,636,000 after purchasing an additional 5,666,068 shares in the last quarter. HB Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after purchasing an additional 4,281,591 shares in the last quarter. HT Partners LLC increased its stake in Schwab US Broad Market ETF by 202.6% during the 4th 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 during the period. Finally, Hanson & Doremus Investment Management lifted its holdings in Schwab US Broad Market ETF by 203.1% in the 4th quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock worth $133,961,000 after buying an additional 3,954,414 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $23.47 on Wednesday. The firm has a 50-day moving average of $23.20 and a two-hundred day moving average of $22.42. The stock has a market cap of $10.79 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 $19.04 and a 1-year high of $23.73.

Schwab US Broad Market ETF 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.