Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Segment Wealth Management LLC

Segment Wealth Management LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 209.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,334 shares of the company’s stock after purchasing an additional 67,917 shares during the period. Segment Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,278,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. HB Wealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after buying an additional 4,281,591 shares during the last quarter. Rebalance LLC boosted its position in shares of Schwab US Broad Market ETF by 4.6% in the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after purchasing an additional 167,787 shares during the period. Ballentine Partners LLC boosted its holdings in shares of Schwab US Broad Market ETF by 192.7% in the fourth quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock valued at $70,888,000 after acquiring an additional 2,055,961 shares during the period. Hengehold Capital Management LLC grew its position in Schwab US Broad Market ETF by 1.3% during the 3rd quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock worth $203,288,000 after purchasing an additional 38,823 shares during the last quarter. Finally, Strid Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 4.0% during the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after buying an additional 111,281 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $23.21 on Tuesday. The stock has a market capitalization of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $18.34 and a 1 year high of $23.73. The company’s fifty day moving average is $23.12 and its two-hundred day moving average is $22.21.

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.