Grimes & Company Inc. Increases Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Grimes & Company Inc. grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,536 shares of the company’s stock after buying an additional 23,731 shares during the quarter. Grimes & Company Inc.’s holdings in Schwab US Broad Market ETF were worth $807,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. SJS Investment Consulting Inc. increased its position in shares of Schwab US Broad Market ETF by 193.8% in the fourth quarter. SJS Investment Consulting Inc. now owns 9,010 shares of the company’s stock valued at $205,000 after buying an additional 5,943 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Schwab US Broad Market ETF by 175.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,819 shares of the company’s stock worth $41,000 after purchasing an additional 1,159 shares in the last quarter. Legacy Wealth Management Inc increased its position in Schwab US Broad Market ETF by 197.1% during the 4th quarter. Legacy Wealth Management Inc now owns 36,921 shares of the company’s stock worth $838,000 after purchasing an additional 24,492 shares in the last quarter. Aspiring Ventures LLC purchased a new stake in Schwab US Broad Market ETF during the 4th quarter worth about $3,292,000. Finally, Fifth Third Bancorp increased its position in Schwab US Broad Market ETF by 199.1% during the 4th quarter. Fifth Third Bancorp now owns 47,019 shares of the company’s stock worth $1,067,000 after purchasing an additional 31,301 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.3 %

Schwab US Broad Market ETF stock opened at $23.60 on Friday. The stock has a market cap of $10.85 billion, a PE ratio of 25.24 and a beta of 1.02. The stock has a 50-day moving average price of $23.16 and a 200 day moving average price of $22.26. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73.

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.