Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Red Door Wealth Management LLC

Red Door Wealth Management LLC increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 243,805 shares of the company’s stock after buying an additional 162,386 shares during the period. Red Door Wealth Management LLC owned about 0.05% of Schwab US Broad Market ETF worth $5,534,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SCHB. Renaissance Technologies LLC purchased a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at about $704,000. AE Wealth Management LLC increased its position in Schwab US Broad Market ETF by 13.2% during the second quarter. AE Wealth Management LLC now owns 12,922 shares of the company’s stock worth $812,000 after purchasing an additional 1,508 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Schwab US Broad Market ETF by 314.0% during the second quarter. EverSource Wealth Advisors LLC now owns 2,310 shares of the company’s stock worth $148,000 after purchasing an additional 1,752 shares during the period. Bank of Montreal Can boosted its holdings in shares of Schwab US Broad Market ETF by 60.0% in the 2nd quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock valued at $715,000 after purchasing an additional 4,223 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter valued at $241,000.

Schwab US Broad Market ETF Stock Up 0.6 %

SCHB stock opened at $23.67 on Friday. The company has a market cap of $10.88 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business has a fifty day simple moving average of $23.13 and a 200-day simple moving average of $22.23. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73.

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.