Schwab US Broad Market ETF (NYSEARCA:SCHB) Stock Holdings Boosted by Opes Wealth Management LLC

Opes Wealth Management LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 180,100 shares of the company’s stock after purchasing an additional 3,167 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 2.4% of Opes Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Opes Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $10,026,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Fonville Wealth Management LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $1,276,000. Western Wealth Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 2.3% during the 4th quarter. Western Wealth Management LLC now owns 39,700 shares of the company’s stock valued at $2,210,000 after purchasing an additional 893 shares in the last quarter. Red Tortoise LLC boosted its stake in shares of Schwab US Broad Market ETF by 4.0% during the 4th quarter. Red Tortoise LLC now owns 42,813 shares of the company’s stock valued at $2,383,000 after purchasing an additional 1,656 shares in the last quarter. Grant GrossMendelsohn LLC boosted its stake in shares of Schwab US Broad Market ETF by 4.1% during the 4th quarter. Grant GrossMendelsohn LLC now owns 16,756 shares of the company’s stock valued at $952,000 after purchasing an additional 656 shares in the last quarter. Finally, Hamilton Point Investment Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $104,000.

Schwab US Broad Market ETF Stock Down 0.2 %

Shares of SCHB traded down $0.14 during trading hours on Thursday, reaching $58.03. 1,036,339 shares of the company traded hands, compared to its average volume of 868,615. The company’s fifty day moving average price is $59.56 and its two-hundred day moving average price is $55.40. The company has a market capitalization of $26.62 billion, a price-to-earnings ratio of 24.49 and a beta of 1.03. Schwab US Broad Market ETF has a 12 month low of $46.92 and a 12 month high of $61.18.

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.