Midwest Financial Group LLC Raises Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Midwest Financial Group LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,353 shares of the company’s stock after purchasing an additional 30,956 shares during the period. Midwest Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $1,052,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SCHB. Hengehold Capital Management LLC grew its position in Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after buying an additional 5,886,366 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after purchasing an additional 4,281,591 shares in the last quarter. Rebalance LLC increased its position in shares of Schwab US Broad Market ETF by 4.6% in the third quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock worth $254,400,000 after purchasing an additional 167,787 shares during the last quarter. Ballentine Partners LLC raised its stake in Schwab US Broad Market ETF by 192.7% in the fourth quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock valued at $70,888,000 after purchasing an additional 2,055,961 shares in the last quarter. Finally, Strid Group LLC lifted its position in Schwab US Broad Market ETF by 4.0% during the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after purchasing an additional 111,281 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $23.68 on Friday. The firm has a market capitalization of $10.88 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $18.75 and a one year high of $23.73. The company’s fifty day moving average price is $23.13 and its 200-day moving average price is $22.23.

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.