Meritage Portfolio Management Has $2.16 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Meritage Portfolio Management grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 190.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 95,007 shares of the company’s stock after acquiring an additional 62,338 shares during the quarter. Meritage Portfolio Management’s holdings in Schwab US Broad Market ETF were worth $2,157,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hengehold Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after buying an additional 4,281,591 shares during the period. HT Partners LLC boosted its stake in Schwab US Broad Market ETF by 202.6% during the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after acquiring an additional 4,052,932 shares in the last quarter. Hanson & Doremus Investment Management grew its stake in shares of Schwab US Broad Market ETF by 203.1% in the 4th quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock valued at $133,961,000 after buying an additional 3,954,414 shares during the period. Finally, HHM Wealth Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 199.4% during the fourth quarter. HHM Wealth Advisors LLC now owns 4,021,769 shares of the company’s stock valued at $91,294,000 after acquiring an additional 2,678,507 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $23.48 on Thursday. Schwab US Broad Market ETF has a fifty-two week low of $19.04 and a fifty-two week high of $23.73. The company’s 50-day moving average is $23.20 and its 200 day moving average is $22.36. The firm 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 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.