Barden Capital Management Inc. Buys 54,464 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Barden Capital Management Inc. grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 205.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,922 shares of the company’s stock after buying an additional 54,464 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.6% of Barden Capital Management Inc.’s portfolio, making the stock its 24th largest holding. Barden Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $1,837,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHB. Promus Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth about $25,000. Maryland Capital Advisors Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares during the period. Wiser Advisor Group LLC boosted its holdings in shares of Schwab US Broad Market ETF by 200.8% during the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 785 shares during the period. Jackson Grant Investment Advisers Inc. lifted its holdings in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares during the period. Finally, Beacon Capital Management LLC lifted its holdings in Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after buying an additional 811 shares during the period.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $22.08 on Friday. The firm has a 50 day moving average price of $23.12 and a 200-day moving average price of $22.69. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The firm has a market capitalization of $31.57 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04.

Schwab US Broad Market ETF Company 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.