7,605,959 Shares of Schwab US Broad Market ETF $SCHB Acquired by Hengehold Capital Management LLC

Hengehold Capital Management LLC bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,605,959 shares of the company’s stock, valued at approximately $222,931,000. Schwab US Broad Market ETF accounts for 17.4% of Hengehold Capital Management LLC’s investment portfolio, making the stock its biggest position. Hengehold Capital Management LLC owned about 0.50% of Schwab US Broad Market ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Peak Financial Management Inc. lifted its stake in shares of Schwab US Broad Market ETF by 4.6% during the 3rd quarter. Peak Financial Management Inc. now owns 515,518 shares of the company’s stock valued at $15,110,000 after buying an additional 22,835 shares in the last quarter. Selby Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 0.3% in the 3rd quarter. Selby Wealth Management LLC now owns 130,852 shares of the company’s stock worth $3,835,000 after buying an additional 394 shares during the period. TPG Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 2.4% in the 3rd quarter. TPG Advisors LLC now owns 545,580 shares of the company’s stock worth $15,991,000 after buying an additional 12,585 shares during the period. Selective Wealth Management Inc. grew its stake in Schwab US Broad Market ETF by 6.9% in the 3rd quarter. Selective Wealth Management Inc. now owns 84,142 shares of the company’s stock valued at $2,493,000 after buying an additional 5,430 shares in the last quarter. Finally, Hanson & Doremus Investment Management grew its stake in Schwab US Broad Market ETF by 1.3% in the 3rd quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock valued at $208,986,000 after buying an additional 94,860 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock traded down $0.35 during mid-day trading on Friday, reaching $29.28. The company’s stock had a trading volume of 21,638,298 shares, compared to its average volume of 9,245,168. The firm’s fifty day moving average price is $29.62 and its two-hundred day moving average price is $28.71. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.15. The company has a market capitalization of $44.43 billion, a P/E ratio of 25.08 and a beta of 1.02.

Schwab US Broad Market ETF Company 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.