Wynn Capital LLC Purchases 587,565 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Wynn Capital LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 206.4% in the fourth quarter, Holdings Channel reports. The fund owned 872,239 shares of the company’s stock after buying an additional 587,565 shares during the period. Schwab US Broad Market ETF makes up approximately 12.5% of Wynn Capital LLC’s portfolio, making the stock its biggest holding. Wynn Capital LLC’s holdings in Schwab US Broad Market ETF were worth $19,800,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $28,000. Global Financial Private Client LLC increased its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the last quarter. GAMMA Investing LLC increased its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after purchasing an additional 964 shares during the last quarter. Eastern Bank acquired a new stake in Schwab US Broad Market ETF during the fourth quarter worth approximately $54,000. Finally, Joseph Group Capital Management purchased a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $66,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $22.58 on Wednesday. The firm’s fifty day moving average price is $23.13 and its 200 day moving average price is $22.15. Schwab US Broad Market ETF has a 12 month low of $18.25 and a 12 month high of $23.73. The company has a market capitalization of $10.38 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.