Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Rappaport Reiches Capital Management LLC

Rappaport Reiches Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 210.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 232,804 shares of the company’s stock after buying an additional 157,758 shares during the quarter. Schwab US Broad Market ETF makes up 1.4% of Rappaport Reiches Capital Management LLC’s holdings, making the stock its 15th biggest position. Rappaport Reiches Capital Management LLC owned about 0.05% of Schwab US Broad Market ETF worth $5,285,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Silver Lake Advisory LLC increased its position in shares of Schwab US Broad Market ETF by 214.5% in the fourth quarter. Silver Lake Advisory LLC now owns 9,671 shares of the company’s stock valued at $220,000 after buying an additional 6,596 shares in the last quarter. Shilanski & Associates Inc. increased its holdings in Schwab US Broad Market ETF by 218.9% in the 4th quarter. Shilanski & Associates Inc. now owns 1,120,325 shares of the company’s stock worth $25,431,000 after acquiring an additional 768,999 shares in the last quarter. Motive Wealth Advisors increased its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Motive Wealth Advisors now owns 479,748 shares of the company’s stock worth $10,890,000 after acquiring an additional 319,832 shares in the last quarter. Johnson Bixby & Associates LLC raised its position in Schwab US Broad Market ETF by 199.9% during the fourth quarter. Johnson Bixby & Associates LLC now owns 9,326 shares of the company’s stock worth $212,000 after acquiring an additional 6,216 shares during the period. Finally, Brighton Jones LLC lifted its holdings in Schwab US Broad Market ETF by 1,209.6% during the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after purchasing an additional 211,168 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.6 %

Shares of NYSEARCA SCHB opened at $23.67 on Friday. Schwab US Broad Market ETF has a 52-week low of $18.75 and a 52-week high of $23.73. The company’s 50-day simple moving average is $23.13 and its 200-day simple moving average is $22.23. The firm has a market cap of $10.88 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF 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.