New Perspectives Inc Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

New Perspectives Inc raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,089 shares of the company’s stock after acquiring an additional 8,726 shares during the period. Schwab US Broad Market ETF makes up approximately 0.2% of New Perspectives Inc’s holdings, making the stock its 26th biggest holding. New Perspectives Inc’s holdings in Schwab US Broad Market ETF were worth $297,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Hengehold Capital Management LLC increased its stake 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 purchasing an additional 5,886,366 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 192.5% during 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 last quarter. Rebalance LLC increased its position in shares of Schwab US Broad Market ETF by 4.6% in the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after acquiring an additional 167,787 shares during the period. Ballentine Partners LLC raised its stake in Schwab US Broad Market ETF by 192.7% in the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after acquiring an additional 2,055,961 shares during the last quarter. Finally, Strid Group LLC raised its stake in Schwab US Broad Market ETF by 4.0% in the 3rd quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after acquiring an additional 111,281 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.3 %

Shares of NYSEARCA SCHB opened at $23.60 on Monday. The company has a 50 day simple moving average of $23.16 and a two-hundred day simple moving average of $22.27. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month high of $23.73.

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.