Robertson Stephens Wealth Management LLC Boosts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Robertson Stephens Wealth Management LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 213.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 252,855 shares of the company’s stock after purchasing an additional 172,271 shares during the quarter. Robertson Stephens Wealth Management LLC owned 0.06% of Schwab US Broad Market ETF worth $5,740,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Hengehold Capital Management LLC boosted its holdings in Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after acquiring an additional 5,886,366 shares during the period. HB Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after acquiring an additional 4,281,591 shares during the period. HT Partners LLC boosted its holdings in Schwab US Broad Market ETF by 202.6% during the 4th 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. Hanson & Doremus Investment Management boosted its holdings in Schwab US Broad Market ETF by 203.1% during the 4th quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock valued at $133,961,000 after acquiring an additional 3,954,414 shares during the period. Finally, Summit Financial Strategies Inc. boosted its holdings in Schwab US Broad Market ETF by 192.0% during the 4th quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock valued at $92,005,000 after acquiring an additional 2,665,067 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $23.48 on Thursday. The stock has a market capitalization of $10.79 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $19.04 and a 1-year high of $23.73. The business has a 50-day moving average of $23.20 and a 200 day moving average of $22.36.

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.