Ballentine Partners LLC Acquires 13,757 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ballentine Partners LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) by 1.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,118,226 shares of the company’s stock after purchasing an additional 13,757 shares during the quarter. Schwab US Broad Market ETF comprises 1.3% of Ballentine Partners LLC’s investment portfolio, making the stock its 12th biggest holding. Ballentine Partners LLC owned approximately 0.25% of Schwab US Broad Market ETF worth $62,252,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Morningstar Investment Services LLC raised its stake in Schwab US Broad Market ETF by 6.9% during the third quarter. Morningstar Investment Services LLC now owns 664,824 shares of the company’s stock valued at $33,215,000 after buying an additional 43,035 shares during the last quarter. Natixis Advisors L.P. purchased a new position in shares of Schwab US Broad Market ETF in the third quarter worth $666,000. Citigroup Inc. raised its stake in shares of Schwab US Broad Market ETF by 9.9% in the third quarter. Citigroup Inc. now owns 3,062 shares of the company’s stock worth $153,000 after purchasing an additional 275 shares during the last quarter. WBH Advisory Inc. raised its stake in shares of Schwab US Broad Market ETF by 2.7% in the fourth quarter. WBH Advisory Inc. now owns 556,907 shares of the company’s stock worth $31,003,000 after purchasing an additional 14,679 shares during the last quarter. Finally, Bouchey Financial Group Ltd raised its stake in shares of Schwab US Broad Market ETF by 11.0% in the fourth quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock worth $133,234,000 after purchasing an additional 237,905 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock traded up $0.09 during mid-day trading on Wednesday, reaching $60.51. 757,676 shares of the stock traded hands, compared to its average volume of 852,306. The business’s 50-day moving average is $58.99 and its 200-day moving average is $54.71. Schwab US Broad Market ETF has a 12-month low of $46.92 and a 12-month high of $61.18. The stock has a market capitalization of $26.95 billion, a PE ratio of 17.59 and a beta of 1.03.

About Schwab US Broad Market ETF

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

Receive News & Ratings for Schwab US Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.