Wick Capital Partners LLC Has $911,000 Position in Schwab US Broad Market ETF $SCHB

Wick Capital Partners LLC raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 271.2% in the fourth quarter, Holdings Channel reports. The fund owned 34,719 shares of the company’s stock after acquiring an additional 25,365 shares during the period. Wick Capital Partners LLC’s holdings in Schwab US Broad Market ETF were worth $911,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Life Planners bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $27,000. Birchwood Financial Partners Inc. bought a new position in Schwab US Broad Market ETF during the 4th quarter valued at about $28,000. Wiser Advisor Group LLC bought a new position in Schwab US Broad Market ETF during the 3rd quarter valued at about $29,000. LRI Investments LLC bought a new position in Schwab US Broad Market ETF during the 4th quarter valued at about $35,000. Finally, Basepoint Wealth LLC acquired a new position in Schwab US Broad Market ETF in the fourth quarter valued at about $38,000.

Schwab US Broad Market ETF Trading Up 1.1%

Shares of Schwab US Broad Market ETF stock opened at $28.97 on Friday. The stock has a market capitalization of $42.84 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $22.88 and a 1-year high of $29.35. The firm’s 50-day moving average price is $28.14 and its two-hundred day moving average price is $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.