Schwab US Broad Market ETF $SCHB Shares Purchased by Chesley Taft & Associates LLC

Chesley Taft & Associates LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 87.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 130,321 shares of the company’s stock after purchasing an additional 60,715 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Schwab US Broad Market ETF were worth $3,418,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in SCHB. Financial Life Planners acquired a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $27,000. Wiser Advisor Group LLC acquired a new position in Schwab US Broad Market ETF during the third quarter worth about $29,000. First Pacific Financial purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at about $51,000. LGT Financial Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at about $52,000. Finally, Beacon Financial Strategies CORP acquired a new stake in Schwab US Broad Market ETF in the 4th quarter valued at about $64,000.

Schwab US Broad Market ETF Trading Down 1.7%

SCHB stock opened at $24.50 on Friday. The firm has a 50-day moving average of $26.22 and a two-hundred day moving average of $26.10. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94. The company has a market cap of $35.70 billion, a price-to-earnings ratio of 25.08 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.