Lawood & Co. Invests $879,000 in Schwab US Broad Market ETF $SCHB

Lawood & Co. acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 33,510 shares of the company’s stock, valued at approximately $879,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Rebalance LLC lifted its holdings in shares of Schwab US Broad Market ETF by 3.3% in the fourth quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock valued at $392,485,000 after purchasing an additional 483,144 shares in the last quarter. Bouchey Financial Group Ltd increased its stake in shares of Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock worth $213,866,000 after purchasing an additional 42,459 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 0.5% during the 3rd quarter. HighTower Advisors LLC now owns 7,776,997 shares of the company’s stock worth $199,946,000 after purchasing an additional 38,658 shares during the last quarter. Hanson & Doremus Investment Management lifted its stake in Schwab US Broad Market ETF by 7.6% in the 4th quarter. Hanson & Doremus Investment Management now owns 7,007,872 shares of the company’s stock valued at $183,816,000 after buying an additional 493,815 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC lifted its stake in Schwab US Broad Market ETF by 1.4% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 6,334,210 shares of the company’s stock valued at $162,853,000 after buying an additional 85,409 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $28.42 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $22.16 and a fifty-two week high of $28.85. The company has a market capitalization of $42.02 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The stock has a fifty day moving average of $26.55 and a two-hundred day moving average of $26.42.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.