Schwab US Broad Market ETF $SCHB Stake Lifted by TruNorth Capital Management LLC

TruNorth Capital Management LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.4% during the fourth quarter, HoldingsChannel reports. The firm owned 5,090,429 shares of the company’s stock after purchasing an additional 19,118 shares during the period. Schwab US Broad Market ETF comprises 25.3% of TruNorth Capital Management LLC’s holdings, making the stock its biggest position. TruNorth Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $133,522,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHB. ELCO Management Co. LLC raised its holdings in shares of Schwab US Broad Market ETF by 15.9% during the 3rd quarter. ELCO Management Co. LLC now owns 168,506 shares of the company’s stock worth $4,332,000 after acquiring an additional 23,150 shares during the period. Donaldson Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 14.3% during the 4th quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock worth $5,055,000 after acquiring an additional 24,114 shares during the period. Sunburst Financial Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 1.9% during the 4th quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock worth $55,770,000 after acquiring an additional 39,321 shares during the period. Dorato Capital Management purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth $2,500,000. Finally, Farrow Financial Inc. raised its holdings in shares of Schwab US Broad Market ETF by 47.1% during the 4th quarter. Farrow Financial Inc. now owns 83,285 shares of the company’s stock worth $2,185,000 after acquiring an additional 26,673 shares during the period.

Schwab US Broad Market ETF Stock Up 0.4%

NYSEARCA SCHB opened at $29.24 on Friday. Schwab US Broad Market ETF has a 52 week low of $22.81 and a 52 week high of $29.35. The business’s fifty day simple moving average is $27.43 and its 200-day simple moving average is $26.69. The firm has a market cap of $43.24 billion, a PE ratio of 25.08 and a beta of 1.02.

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.