3,996 Shares in Schwab US Broad Market ETF (NYSEARCA:SCHB) Acquired by Tanager Wealth Management LLP

Tanager Wealth Management LLP purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,996 shares of the company’s stock, valued at approximately $222,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Capital Investment Advisors LLC raised its stake in Schwab US Broad Market ETF by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock valued at $272,000 after acquiring an additional 192 shares in the last quarter. Ritholtz Wealth Management raised its stake in Schwab US Broad Market ETF by 0.9% during the 3rd quarter. Ritholtz Wealth Management now owns 21,628 shares of the company’s stock valued at $1,078,000 after acquiring an additional 203 shares in the last quarter. Hendershot Investments Inc. raised its stake in Schwab US Broad Market ETF by 0.8% during the 3rd quarter. Hendershot Investments Inc. now owns 27,652 shares of the company’s stock valued at $1,378,000 after acquiring an additional 211 shares in the last quarter. Foster Victor Wealth Advisors LLC raised its stake in Schwab US Broad Market ETF by 3.0% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 7,386 shares of the company’s stock valued at $369,000 after acquiring an additional 212 shares in the last quarter. Finally, Kades & Cheifetz LLC raised its stake in shares of Schwab US Broad Market ETF by 2.8% in the 4th quarter. Kades & Cheifetz LLC now owns 8,215 shares of the company’s stock worth $457,000 after buying an additional 220 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB traded down $0.48 during midday trading on Friday, reaching $57.57. The stock had a trading volume of 1,212,246 shares, compared to its average volume of 873,142. Schwab US Broad Market ETF has a 52 week low of $46.92 and a 52 week high of $61.18. The firm’s 50 day moving average price is $59.56 and its 200-day moving average price is $55.41. The company has a market capitalization of $26.40 billion, a P/E ratio of 24.49 and a beta of 1.03.

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.