HUB Investment Partners LLC Has $1.69 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

HUB Investment Partners LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 350.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,420 shares of the company’s stock after acquiring an additional 57,899 shares during the period. HUB Investment Partners LLC’s holdings in Schwab US Broad Market ETF were worth $1,689,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SCHB. Promus Capital LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter worth $25,000. Blume Capital Management Inc. boosted its stake in Schwab US Broad Market ETF by 200.3% during the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after buying an additional 741 shares in the last quarter. Maryland Capital Advisors Inc. boosted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares in the last quarter. Wiser Advisor Group LLC boosted its stake in Schwab US Broad Market ETF by 200.8% during the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 785 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. boosted its stake in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $21.82 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77. The firm’s fifty day moving average price is $22.89 and its two-hundred day moving average price is $22.69. The company has a market capitalization of $31.20 billion, a P/E ratio of 23.90 and a beta of 1.05.

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.