Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Holderness Investments Co.

Holderness Investments Co. raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,436 shares of the company’s stock after acquiring an additional 1,069 shares during the quarter. Holderness Investments Co.’s holdings in Schwab US Broad Market ETF were worth $1,536,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Goldman Sachs Group Inc. grew its position in shares of Schwab US Broad Market ETF by 239.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock valued at $31,693,000 after acquiring an additional 401,485 shares during the period. NYL Investors LLC increased its position in shares of Schwab US Broad Market ETF by 43.1% in the fourth quarter. NYL Investors LLC now owns 70,000 shares of the company’s stock valued at $3,897,000 after buying an additional 21,100 shares in the last quarter. Agilis Partners LLC raised its stake in shares of Schwab US Broad Market ETF by 6.6% during the 4th quarter. Agilis Partners LLC now owns 903,629 shares of the company’s stock worth $50,305,000 after buying an additional 55,670 shares during the period. EP Wealth Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 64.8% during the 4th quarter. EP Wealth Advisors LLC now owns 33,102 shares of the company’s stock valued at $1,843,000 after buying an additional 13,019 shares in the last quarter. Finally, Burkett Financial Services LLC acquired a new stake in Schwab US Broad Market ETF in the 4th quarter valued at $603,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $66.09 on Friday. The firm has a fifty day moving average of $63.83 and a 200 day moving average of $62.02. The firm has a market cap of $30.38 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $66.45.

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.