Sachetta LLC Acquires 90,188 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Sachetta LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 136,190 shares of the company’s stock after purchasing an additional 90,188 shares during the period. Schwab US Broad Market ETF makes up approximately 1.2% of Sachetta LLC’s investment portfolio, making the stock its 18th biggest position. Sachetta LLC’s holdings in Schwab US Broad Market ETF were worth $3,092,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Hengehold Capital Management LLC raised its stake in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after acquiring an additional 5,886,366 shares in the last quarter. HB Wealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after buying an additional 4,281,591 shares during the period. Rebalance LLC increased its holdings in shares of Schwab US Broad Market ETF by 4.6% in the third quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after purchasing an additional 167,787 shares during the period. Ballentine Partners LLC lifted its stake in Schwab US Broad Market ETF by 192.7% during the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock valued at $70,888,000 after acquiring an additional 2,055,961 shares during the period. Finally, Strid Group LLC boosted its holdings in Schwab US Broad Market ETF by 4.0% in the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after purchasing an additional 111,281 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $23.60 on Friday. Schwab US Broad Market ETF has a 1-year low of $18.75 and a 1-year high of $23.73. The company has a 50 day moving average price of $23.16 and a 200-day moving average price of $22.26. The firm has a market cap of $10.85 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.