W.H. Cornerstone Investments Inc. Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

W.H. Cornerstone Investments Inc. boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 385.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,915 shares of the company’s stock after buying an additional 31,690 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in Schwab US Broad Market ETF were worth $906,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Joseph Group Capital Management bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at $66,000. Northwest Investment Counselors LLC purchased a new stake in Schwab US Broad Market ETF during the third quarter valued at $69,000. Jackson Grant Investment Advisers Inc. lifted its holdings in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after acquiring an additional 834 shares during the period. Albion Financial Group UT boosted its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after purchasing an additional 840 shares during the last quarter. Finally, Global Financial Private Client LLC grew its stake in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the period.

Schwab US Broad Market ETF Stock Up 1.1 %

NYSEARCA SCHB opened at $23.64 on Friday. The firm has a market capitalization of $10.87 billion, a P/E ratio of 25.24 and a beta of 1.02. The company has a 50-day moving average price of $23.19 and a 200-day moving average price of $22.45. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.73.

Schwab US Broad Market ETF 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.