Richardson Capital Management LLC Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Richardson Capital Management LLC raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 121.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,482 shares of the company’s stock after acquiring an additional 3,006 shares during the period. Richardson Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in SCHB. Hengehold Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares during the period. Strid Group LLC lifted its stake in Schwab US Broad Market ETF by 197.8% in the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after buying an additional 5,666,068 shares during the last quarter. HB Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after buying an additional 4,281,591 shares during the last quarter. HT Partners LLC boosted its holdings in shares of Schwab US Broad Market ETF by 202.6% in the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after acquiring an additional 4,052,932 shares during the period. Finally, Callan Capital LLC grew its position in shares of Schwab US Broad Market ETF by 194.2% during the fourth quarter. Callan Capital LLC now owns 5,963,363 shares of the company’s stock worth $135,368,000 after acquiring an additional 3,936,534 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $23.18 on Friday. The stock has a market capitalization of $33.15 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. The firm’s fifty day simple moving average is $23.20 and its 200-day simple moving average is $22.57. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month high of $23.77.

Schwab US Broad Market ETF 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.