Truepoint Inc. Has $26.75 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Truepoint Inc. grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 198.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,178,521 shares of the company’s stock after acquiring an additional 783,461 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 0.7% of Truepoint Inc.’s investment portfolio, making the stock its 21st largest position. Truepoint Inc. owned 0.26% of Schwab US Broad Market ETF worth $26,752,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brooklyn FI LLC boosted its holdings in shares of Schwab US Broad Market ETF by 17,756.0% during the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after acquiring an additional 23,025,564 shares in the last quarter. Rebalance LLC boosted its stake in shares of Schwab US Broad Market ETF by 199.9% during the fourth quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after purchasing an additional 7,646,591 shares in the last quarter. Hengehold Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. Strid Group LLC increased its stake in shares of Schwab US Broad Market ETF by 197.8% in the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after buying an additional 5,666,068 shares during the period. Finally, Bouchey Financial Group Ltd raised its holdings in Schwab US Broad Market ETF by 213.4% in the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after buying an additional 5,560,636 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $21.82 on Friday. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The company has a market cap of $31.20 billion, a PE ratio of 23.90 and a beta of 1.05. The firm’s 50 day simple moving average is $22.89 and its 200 day simple moving average is $22.69.

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.