Hamilton Point Investment Advisors LLC Purchases 19,466 Shares of Schwab US Broad Market ETF $SCHB

Hamilton Point Investment Advisors LLC raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 347.5% during the third quarter, HoldingsChannel reports. The firm owned 25,067 shares of the company’s stock after purchasing an additional 19,466 shares during the period. Hamilton Point Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $644,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Christopher J. Hasenberg Inc raised its holdings in shares of Schwab US Broad Market ETF by 310.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after buying an additional 820 shares in the last quarter. Golden State Wealth Management LLC grew its position in Schwab US Broad Market ETF by 4,138.9% during the second quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after acquiring an additional 2,235 shares during the last quarter. Addison Advisors LLC grew its position in Schwab US Broad Market ETF by 319.1% during the second quarter. Addison Advisors LLC now owns 2,364 shares of the company’s stock valued at $56,000 after acquiring an additional 1,800 shares during the last quarter. Frazier Financial Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 18.7% during the second quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock worth $66,000 after acquiring an additional 434 shares in the last quarter. Finally, Godsey & Gibb Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 37.7% in the 2nd quarter. Godsey & Gibb Inc. now owns 2,895 shares of the company’s stock worth $69,000 after acquiring an additional 792 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $26.44 on Wednesday. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.63. The company has a fifty day moving average of $26.13 and a 200-day moving average of $25.23. The stock has a market capitalization of $38.47 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.