North Star Asset Management Inc. Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

North Star Asset Management Inc. lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,943,378 shares of the company’s stock after purchasing an additional 1,965,667 shares during the period. Schwab US Broad Market ETF comprises approximately 3.0% of North Star Asset Management Inc.’s portfolio, making the stock its 2nd biggest holding. North Star Asset Management Inc. owned about 0.64% of Schwab US Broad Market ETF worth $66,815,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in SCHB. Brooklyn FI LLC lifted its position in shares of Schwab US Broad Market ETF by 17,756.0% in the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock worth $576,012,000 after purchasing an additional 23,025,564 shares during the period. Betterment LLC lifted its position in shares of Schwab US Broad Market ETF by 193.5% in the 4th quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock worth $403,461,000 after purchasing an additional 11,718,291 shares during the period. Rebalance LLC lifted its position in shares of Schwab US Broad Market ETF by 199.9% in the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock worth $260,392,000 after purchasing an additional 7,646,591 shares during the period. SCS Capital Management LLC lifted its position in shares of Schwab US Broad Market ETF by 170.1% in the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock worth $231,631,000 after purchasing an additional 6,426,551 shares during the period. Finally, Evensky & Katz LLC lifted its position in shares of Schwab US Broad Market ETF by 187.7% in the 4th quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock worth $211,680,000 after purchasing an additional 6,084,141 shares during the period.

Schwab US Broad Market ETF Trading Down 0.6%

NYSEARCA:SCHB opened at $22.33 on Friday. The company has a 50-day moving average price of $21.35 and a 200-day moving average price of $22.46. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $23.77. The stock has a market cap of $32.16 billion, a price-to-earnings ratio of 25.46 and a beta of 1.03.

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.