Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by United Asset Strategies Inc.

United Asset Strategies Inc. boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,000 shares of the company’s stock after purchasing an additional 12,000 shares during the period. United Asset Strategies Inc.’s holdings in Schwab US Broad Market ETF were worth $409,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Renaissance Technologies LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter valued at about $704,000. Bank of Montreal Can grew its holdings in Schwab US Broad Market ETF by 60.0% during the 2nd quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock valued at $715,000 after purchasing an additional 4,223 shares in the last quarter. Marshall Wace LLP purchased a new stake in Schwab US Broad Market ETF during the 2nd quarter worth $241,000. AQR Capital Management LLC boosted its position in Schwab US Broad Market ETF by 1.2% in the 2nd quarter. AQR Capital Management LLC now owns 85,709 shares of the company’s stock valued at $5,389,000 after buying an additional 1,026 shares during the last quarter. Finally, Creative Planning boosted its position in Schwab US Broad Market ETF by 2.1% in the 2nd quarter. Creative Planning now owns 679,950 shares of the company’s stock valued at $42,748,000 after buying an additional 13,731 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $23.27 on Tuesday. Schwab US Broad Market ETF has a 1 year low of $18.75 and a 1 year high of $23.73. The stock’s 50-day simple moving average is $23.16 and its 200-day simple moving average is $22.27. The firm has a market cap of $10.70 billion, a price-to-earnings ratio of 25.24 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.