Veracity Capital LLC purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 31,020 shares of the company’s stock, valued at approximately $814,000.
A number of other hedge funds have also recently added to or reduced their stakes in SCHB. Caprock Group LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter worth about $54,987,000. Boulder Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter worth about $40,435,000. Weaver Capital Management LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter worth about $35,322,000. Rebalance LLC boosted its stake in Schwab US Broad Market ETF by 10.0% in the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after buying an additional 1,320,879 shares during the last quarter. Finally, CWM LLC boosted its holdings in shares of Schwab US Broad Market ETF by 304.7% in the 4th quarter. CWM LLC now owns 1,648,774 shares of the company’s stock valued at $43,247,000 after purchasing an additional 1,241,374 shares during the last quarter.
Schwab US Broad Market ETF Stock Up 0.7%
Shares of SCHB opened at $27.56 on Friday. The firm has a market cap of $40.69 billion, a PE ratio of 25.08 and a beta of 1.02. The company’s fifty day moving average is $26.11 and its two-hundred day moving average is $26.20. Schwab US Broad Market ETF has a fifty-two week low of $20.85 and a fifty-two week high of $27.59.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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