Assetmark Inc. Acquires 146,384 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Assetmark Inc. boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 19,160.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 147,148 shares of the company’s stock after purchasing an additional 146,384 shares during the quarter. Assetmark Inc.’s holdings in Schwab US Broad Market ETF were worth $3,340,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Joseph Group Capital Management bought a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at approximately $66,000. Maryland Capital Advisors Inc. boosted its stake in Schwab US Broad Market ETF by 200.0% during 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. Wiser Advisor Group LLC boosted its stake in Schwab US Broad Market ETF by 200.8% during the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares during the period. Beacon Capital Management LLC boosted its stake in Schwab US Broad Market ETF by 200.2% during the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after purchasing an additional 811 shares during the period. Finally, Jackson Grant Investment Advisers Inc. boosted its stake in Schwab US Broad Market ETF by 201.0% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after purchasing an additional 834 shares during the period.

Schwab US Broad Market ETF Trading Up 0.5 %

Shares of SCHB stock opened at $22.18 on Monday. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month high of $23.77. The company has a market capitalization of $31.72 billion, a P/E ratio of 25.96 and a beta of 1.04. The stock has a 50 day moving average of $23.10 and a two-hundred day moving average of $22.71.

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.