Versant Capital Management Inc Buys 9,352 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Versant Capital Management Inc lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,004 shares of the company’s stock after acquiring an additional 9,352 shares during the quarter. Versant Capital Management Inc’s holdings in Schwab US Broad Market ETF were worth $318,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its holdings in Schwab US Broad Market ETF by 6,212.4% during the second quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock valued at $291,000 after acquiring an additional 4,621,937 shares during the period. WT Wealth Management boosted its stake in Schwab US Broad Market ETF by 195.4% during the 3rd quarter. WT Wealth Management now owns 1,235,645 shares of the company’s stock valued at $82,195,000 after purchasing an additional 817,389 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC boosted its stake in Schwab US Broad Market ETF by 196.4% during the 3rd quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 868,604 shares of the company’s stock valued at $57,780,000 after purchasing an additional 575,590 shares during the period. Capital Management Associates Inc acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at approximately $37,567,000. Finally, Aptus Capital Advisors LLC increased its position in Schwab US Broad Market ETF by 6,850.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 564,118 shares of the company’s stock worth $37,525,000 after buying an additional 556,002 shares during the period.

Schwab US Broad Market ETF Trading Up 1.3 %

SCHB opened at $22.95 on Friday. The business has a 50 day moving average of $23.06 and a 200-day moving average of $22.05. The stock has a market capitalization of $10.55 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.17 and a 1-year high of $23.73.

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.