Signature Resources Capital Management LLC Boosts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Signature Resources Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,802 shares of the company’s stock after buying an additional 44,352 shares during the quarter. Schwab US Broad Market ETF accounts for about 1.4% of Signature Resources Capital Management LLC’s investment portfolio, making the stock its 12th largest holding. Signature Resources Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Burkett Financial Services LLC grew its stake in Schwab US Broad Market ETF by 1.4% in the third quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock worth $897,000 after purchasing an additional 183 shares in the last quarter. Carnegie Investment Counsel grew its position in shares of Schwab US Broad Market ETF by 1.5% in the 3rd quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock worth $891,000 after acquiring an additional 195 shares in the last quarter. Evanson Asset Management LLC grew its position in shares of Schwab US Broad Market ETF by 1.8% in the 3rd quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock worth $751,000 after acquiring an additional 198 shares in the last quarter. Long Island Wealth Management Inc. increased its holdings in shares of Schwab US Broad Market ETF by 0.4% in the 2nd quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock valued at $3,871,000 after acquiring an additional 262 shares during the last quarter. Finally, Valeo Financial Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 5.6% during the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after acquiring an additional 292 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $23.21 on Tuesday. Schwab US Broad Market ETF has a 12-month low of $18.34 and a 12-month high of $23.73. The business’s fifty day moving average price is $23.12 and its 200 day moving average price is $22.21. The stock has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02.

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.