Mission Wealth Management LP Purchases 29,036 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mission Wealth Management LP boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 185.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 44,670 shares of the company’s stock after acquiring an additional 29,036 shares during the period. Mission Wealth Management LP’s holdings in Schwab US Broad Market ETF were worth $1,014,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Auxano Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth about $342,000. Grandfield & Dodd LLC lifted its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Grandfield & Dodd LLC now owns 12,417 shares of the company’s stock worth $282,000 after buying an additional 8,278 shares during the period. Jones Financial Companies Lllp grew its position in shares of Schwab US Broad Market ETF by 429.3% in the 4th quarter. Jones Financial Companies Lllp now owns 357,403 shares of the company’s stock worth $8,113,000 after buying an additional 289,884 shares during the last quarter. Modera Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF by 202.0% during the fourth quarter. Modera Wealth Management LLC now owns 95,544 shares of the company’s stock valued at $2,169,000 after buying an additional 63,902 shares during the period. Finally, SRS Capital Advisors Inc. raised its holdings in shares of Schwab US Broad Market ETF by 209.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 176,665 shares of the company’s stock valued at $4,010,000 after acquiring an additional 119,494 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.3 %

Shares of SCHB stock opened at $22.24 on Wednesday. The stock has a fifty day moving average of $23.16 and a 200 day moving average of $22.69. The firm has a market capitalization of $31.80 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.

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.