Wedmont Private Capital Acquires 481,712 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Wedmont Private Capital grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4,357.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 492,766 shares of the company’s stock after purchasing an additional 481,712 shares during the period. Wedmont Private Capital’s holdings in Schwab US Broad Market ETF were worth $10,092,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Promus Capital LLC bought a new position in Schwab US Broad Market ETF in the fourth quarter valued at $25,000. Blume Capital Management Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after buying an additional 741 shares during the period. Tucker Asset Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 233.9% during the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after buying an additional 765 shares during the period. Studio Investment Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after buying an additional 728 shares during the period. Finally, Maryland Capital Advisors Inc. boosted its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares during the period.

Schwab US Broad Market ETF Stock Up 1.0%

NYSEARCA SCHB opened at $23.12 on Friday. The company has a market capitalization of $33.29 billion, a P/E ratio of 23.87 and a beta of 1.03. Schwab US Broad Market ETF has a 12-month low of $18.53 and a 12-month high of $23.77. The firm has a 50-day moving average price of $21.54 and a two-hundred day moving average price of $22.44.

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.