Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Hengehold Capital Management LLC

Hengehold Capital Management LLC grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 192.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,942,406 shares of the company’s stock after purchasing an additional 5,886,366 shares during the period. Schwab US Broad Market ETF makes up 19.1% of Hengehold Capital Management LLC’s holdings, making the stock its largest position. Hengehold Capital Management LLC owned approximately 1.95% of Schwab US Broad Market ETF worth $202,993,000 at the end of the most recent quarter.

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

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $23.67 on Friday. The stock has a market capitalization of $10.88 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm’s 50 day simple moving average is $23.13 and its 200-day simple moving average is $22.23. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month 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.