Denver PWM LLC Buys 19,545 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Denver PWM LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 190.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 29,829 shares of the company’s stock after acquiring an additional 19,545 shares during the period. Denver PWM LLC’s holdings in Schwab US Broad Market ETF were worth $677,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Maryland Capital Advisors Inc. lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after buying an additional 774 shares during the period. Jackson Grant Investment Advisers Inc. lifted its stake in shares of 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 valued at $28,000 after buying an additional 834 shares during the period. Beacon Capital Management LLC lifted its stake in shares of 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 valued at $28,000 after buying an additional 811 shares during the period. Albion Financial Group UT lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after buying an additional 840 shares during the period. Finally, Global Financial Private Client LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after buying an additional 888 shares during the period.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $23.18 on Friday. The firm has a 50-day simple moving average of $23.20 and a 200 day simple moving average of $22.57. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The stock has a market cap of $33.15 billion, a PE ratio of 25.96 and a beta of 1.04.

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.