Mengis Capital Management Inc. Has $961,000 Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mengis Capital Management Inc. increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 42,343 shares of the company’s stock after acquiring an additional 28,256 shares during the period. Mengis Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $961,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in SCHB. Equita Financial Network Inc. boosted its stake in Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after purchasing an additional 451 shares during the period. Cornerstone Planning Group LLC boosted its position in shares of Schwab US Broad Market ETF by 4.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after acquiring an additional 462 shares during the period. Citizens Financial Group Inc. RI grew its stake in shares of Schwab US Broad Market ETF by 3.7% in the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock worth $884,000 after acquiring an additional 470 shares during the last quarter. Walter & Keenan Wealth Management LLC IN ADV raised its stake in Schwab US Broad Market ETF by 0.6% during the 3rd quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 92,093 shares of the company’s stock valued at $6,126,000 after purchasing an additional 559 shares during the last quarter. Finally, Wilson & Boucher Capital Management LLC boosted its holdings in Schwab US Broad Market ETF by 0.6% in the 3rd quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock valued at $6,259,000 after purchasing an additional 575 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $23.05 on Tuesday. The company’s fifty day moving average is $23.20 and its two-hundred day moving average is $22.60. The firm has a market capitalization of $32.96 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77.

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.