Hamilton Wealth LLC Takes Position in Schwab US Broad Market ETF $SCHB

Hamilton Wealth LLC purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 42,246 shares of the company’s stock, valued at approximately $1,108,000.

Several other hedge funds have also recently modified their holdings of SCHB. Compound Planning Inc. increased its stake in Schwab US Broad Market ETF by 3.1% in the 4th quarter. Compound Planning Inc. now owns 657,681 shares of the company’s stock valued at $17,251,000 after buying an additional 19,540 shares during the period. Briggs Wealth Management Inc purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $315,000. First Growth Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $373,000. Birchwood Financial Partners Inc. acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter worth about $28,000. Finally, Corient Private Wealth LLC increased its stake in shares of Schwab US Broad Market ETF by 6.6% during the fourth quarter. Corient Private Wealth LLC now owns 825,641 shares of the company’s stock worth $21,659,000 after acquiring an additional 51,146 shares during the period.

Schwab US Broad Market ETF Stock Up 1.1%

NYSEARCA SCHB opened at $28.97 on Friday. The stock has a market capitalization of $42.84 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $22.88 and a 52-week high of $29.35. The firm has a 50-day moving average price of $28.14 and a 200 day moving average price of $26.90.

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.