Whitener Capital Management Inc. Purchases 146,053 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Whitener Capital Management Inc. raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 177.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 228,382 shares of the company’s stock after buying an additional 146,053 shares during the period. Schwab US Broad Market ETF comprises about 1.5% of Whitener Capital Management Inc.’s portfolio, making the stock its 17th biggest position. Whitener Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $5,184,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Cliftonlarsonallen Wealth Advisors LLC raised its stake in Schwab US Broad Market ETF by 195.7% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after buying an additional 1,821,631 shares during the period. Myecfo LLC grew its holdings in Schwab US Broad Market ETF by 206.4% during the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock valued at $51,539,000 after purchasing an additional 1,529,275 shares during the period. Winthrop Advisory Group LLC lifted its position in shares of Schwab US Broad Market ETF by 270.0% during the fourth quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock worth $33,514,000 after acquiring an additional 1,077,345 shares in the last quarter. Legacy Private Trust Co. lifted its position in shares of Schwab US Broad Market ETF by 210.0% during the fourth quarter. Legacy Private Trust Co. now owns 1,470,532 shares of the company’s stock worth $33,381,000 after acquiring an additional 996,131 shares in the last quarter. Finally, WT Wealth Management lifted its position in shares of Schwab US Broad Market ETF by 195.4% during the third quarter. WT Wealth Management now owns 1,235,645 shares of the company’s stock worth $82,195,000 after acquiring an additional 817,389 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.21 on Friday. Schwab US Broad Market ETF has a 52-week low of $18.34 and a 52-week high of $23.73. The company has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. The business’s fifty day moving average is $23.12 and its 200 day moving average is $22.18.

About Schwab US Broad Market ETF

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.