Ridgewood Investments LLC Purchases 20,821 Shares of Schwab US Broad Market ETF $SCHB

Ridgewood Investments LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 28.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,902 shares of the company’s stock after buying an additional 20,821 shares during the period. Schwab US Broad Market ETF accounts for about 1.0% of Ridgewood Investments LLC’s investment portfolio, making the stock its 19th biggest position. Ridgewood Investments LLC’s holdings in Schwab US Broad Market ETF were worth $2,440,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SCHB. Gallagher Fiduciary Advisors LLC boosted its stake in Schwab US Broad Market ETF by 2,295.8% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after purchasing an additional 62,061,116 shares in the last quarter. AlphaCore Capital LLC boosted its holdings in Schwab US Broad Market ETF by 1,400.4% in the second quarter. AlphaCore Capital LLC now owns 5,953,464 shares of the company’s stock valued at $141,871,000 after acquiring an additional 5,556,673 shares during the last quarter. Weaver Capital Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $35,322,000. Rebalance LLC boosted its position in shares of Schwab US Broad Market ETF by 10.0% in the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after purchasing an additional 1,320,879 shares during the last quarter. Finally, HHM Wealth Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 31.3% during the 2nd quarter. HHM Wealth Advisors LLC now owns 5,468,240 shares of the company’s stock worth $130,308,000 after buying an additional 1,304,073 shares during the period.

Schwab US Broad Market ETF Trading Up 0.6%

Shares of Schwab US Broad Market ETF stock opened at $26.66 on Friday. The company has a market capitalization of $38.85 billion, a PE ratio of 25.08 and a beta of 1.02. The stock’s fifty day simple moving average is $26.28 and its 200 day simple moving average is $25.57. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.89.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.