Tanager Wealth Management LLP Purchases 6,813 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Tanager Wealth Management LLP lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,296 shares of the company’s stock after purchasing an additional 6,813 shares during the period. Tanager Wealth Management LLP’s holdings in Schwab US Broad Market ETF were worth $234,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SCHB. Renaissance Technologies LLC bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at about $704,000. Bank of Montreal Can raised its position in Schwab US Broad Market ETF by 60.0% in the second quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock worth $715,000 after acquiring an additional 4,223 shares during the period. Marshall Wace LLP bought a new stake in Schwab US Broad Market ETF in the second quarter worth about $241,000. Sanctuary Advisors LLC bought a new stake in Schwab US Broad Market ETF in the second quarter worth about $620,000. Finally, Diversified Trust Co raised its position in Schwab US Broad Market ETF by 7.7% in the third quarter. Diversified Trust Co now owns 12,310 shares of the company’s stock worth $819,000 after acquiring an additional 880 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.37 on Wednesday. The firm has a market cap of $10.74 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $18.98 and a 52 week high of $23.73. The firm’s 50-day simple moving average is $23.20 and its two-hundred day simple moving average is $22.34.

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.