Schwab US Broad Market ETF $SCHB Stock Position Raised by Whitegate Investment Counselors Inc.

Whitegate Investment Counselors Inc. boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 23.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,917 shares of the company’s stock after purchasing an additional 32,690 shares during the period. Schwab US Broad Market ETF comprises 1.5% of Whitegate Investment Counselors Inc.’s investment portfolio, making the stock its 22nd biggest position. Whitegate Investment Counselors Inc.’s holdings in Schwab US Broad Market ETF were worth $4,980,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rebalance LLC grew its holdings in Schwab US Broad Market ETF by 3.7% in the third quarter. Rebalance LLC now owns 15,288,013 shares of the company’s stock valued at $448,092,000 after purchasing an additional 549,560 shares during the last quarter. Hengehold Capital Management LLC acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth $222,931,000. Hanson & Doremus Investment Management raised its stake in shares of Schwab US Broad Market ETF by 1.3% during the 3rd quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock worth $208,986,000 after buying an additional 94,860 shares during the last quarter. Forvis Mazars Wealth Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $175,355,000. Finally, Evergreen Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 1.8% in the 1st quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after buying an additional 112,717 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB traded up $0.10 during trading hours on Friday, reaching $28.30. The company’s stock had a trading volume of 20,478,009 shares, compared to its average volume of 9,863,309. The stock has a market cap of $43.10 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15. The company’s 50-day moving average is $29.46 and its two-hundred day moving average is $28.17.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.