Weatherly Asset Management L. P. Purchases 17,610 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Weatherly Asset Management L. P. grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,415 shares of the company’s stock after acquiring an additional 17,610 shares during the period. Weatherly Asset Management L. P.’s holdings in Schwab US Broad Market ETF were worth $600,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Joseph Group Capital Management bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth about $66,000. Northwest Investment Counselors LLC bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth about $69,000. Jackson Grant Investment Advisers Inc. grew its stake in Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after acquiring an additional 834 shares in the last quarter. Albion Financial Group UT grew its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after acquiring an additional 840 shares in the last quarter. Finally, Global Financial Private Client LLC grew its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after acquiring an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $23.47 on Tuesday. The company has a market capitalization of $10.79 billion, a P/E ratio of 25.24 and a beta of 1.02. The company’s 50-day simple moving average is $23.20 and its two-hundred day simple moving average is $22.40. Schwab US Broad Market ETF has a one year low of $19.04 and a one year high of $23.73.

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.