Shira Ridge Wealth Management Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Shira Ridge Wealth Management grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,114 shares of the company’s stock after purchasing an additional 14,076 shares during the quarter. Shira Ridge Wealth Management’s holdings in Schwab US Broad Market ETF were worth $479,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHB. Versant Capital Management Inc grew its stake in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after purchasing an additional 9,352 shares during the last quarter. Fulcrum Equity Management lifted its holdings in Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after buying an additional 668 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $703,000. Franklin Resources Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 952.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after buying an additional 4,000 shares in the last quarter. Finally, Tudor Financial Inc. bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $996,000.

Schwab US Broad Market ETF Price Performance

SCHB opened at $22.54 on Tuesday. Schwab US Broad Market ETF has a 1 year low of $18.25 and a 1 year high of $23.73. The stock has a 50-day moving average price of $23.12 and a 200-day moving average price of $22.14. The firm has a market cap of $10.36 billion, a PE ratio of 25.24 and a beta of 1.02.

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.