Dakota Wealth Management Acquires 132,367 Shares of Schwab US Broad Market ETF $SCHB

Dakota Wealth Management lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 710.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 151,000 shares of the company’s stock after purchasing an additional 132,367 shares during the quarter. Dakota Wealth Management’s holdings in Schwab US Broad Market ETF were worth $3,961,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SCHB. Boyum Wealth Architects LLC lifted its position in Schwab US Broad Market ETF by 10.3% in the third quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock valued at $31,508,000 after buying an additional 114,806 shares during the last quarter. SCS Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 2.7% during the second quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after buying an additional 322,220 shares in the last quarter. Cambridge Financial Group LLC grew its holdings in Schwab US Broad Market ETF by 43.8% during the 2nd quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock worth $4,525,000 after acquiring an additional 57,856 shares in the last quarter. Weaver Capital Management LLC purchased a new position in Schwab US Broad Market ETF in the third quarter valued at $35,322,000. Finally, CW Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 146.4% in the 2nd quarter. CW Advisors LLC now owns 55,364 shares of the company’s stock valued at $1,319,000 after acquiring an additional 32,897 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $24.50 on Friday. The firm’s fifty day moving average price is $26.22 and its 200 day moving average price is $26.09. 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 capitalization of $35.70 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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