Ridgewood Investments LLC Has $2.44 Million Holdings in Schwab US Broad Market ETF $SCHB

Ridgewood Investments LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 28.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,902 shares of the company’s stock after purchasing an additional 20,821 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.0% of Ridgewood Investments LLC’s holdings, making the stock its 19th biggest position. Ridgewood Investments LLC’s holdings in Schwab US Broad Market ETF were worth $2,440,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. First Pacific Financial bought a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $51,000. Golden State Wealth Management LLC increased its holdings in Schwab US Broad Market ETF by 4,138.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after buying an additional 2,235 shares during the period. Addison Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 319.1% in the 2nd quarter. Addison Advisors LLC now owns 2,364 shares of the company’s stock valued at $56,000 after buying an additional 1,800 shares in the last quarter. Frazier Financial Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 18.7% during the 2nd quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock worth $66,000 after acquiring an additional 434 shares during the period. Finally, Godsey & Gibb Inc. boosted its position in shares of Schwab US Broad Market ETF by 37.7% during the 2nd quarter. Godsey & Gibb Inc. now owns 2,895 shares of the company’s stock valued at $69,000 after acquiring an additional 792 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.6%

NYSEARCA:SCHB opened at $26.66 on Friday. The firm has a market capitalization of $38.85 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.89. The firm has a 50-day moving average price of $26.28 and a 200 day moving average price of $25.57.

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.