Schwab US Broad Market ETF (NYSEARCA:SCHB) is Passive Capital Management LLC.’s 6th Largest Position

Passive Capital Management LLC. lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 539,226 shares of the company’s stock after buying an additional 357,694 shares during the quarter. Schwab US Broad Market ETF makes up 4.3% of Passive Capital Management LLC.’s holdings, making the stock its 6th largest holding. Passive Capital Management LLC. owned 0.12% of Schwab US Broad Market ETF worth $12,240,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Valeo Financial Advisors LLC grew its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after acquiring an additional 10,979 shares in the last quarter. Versant Capital Management Inc grew its position in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after purchasing an additional 9,352 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 194.3% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock worth $571,000 after purchasing an additional 16,602 shares during the last quarter. Fulcrum Equity Management lifted its position in shares of Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after buying an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Schwab US Broad Market ETF during the third quarter valued at approximately $703,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $22.58 on Friday. The stock has a market capitalization of $32.29 billion, a PE ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The business has a 50 day simple moving average of $23.19 and a two-hundred day simple moving average of $22.64.

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.