Kera Capital Partners Inc. Invests $1.88 Million in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Kera Capital Partners Inc. acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 82,721 shares of the company’s stock, valued at approximately $1,878,000.

Several other hedge funds have also recently added to or reduced their stakes in SCHB. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at about $28,000. Global Financial Private Client LLC lifted its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after buying an additional 888 shares in the last quarter. GAMMA Investing LLC grew its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares during the last quarter. Marquette Asset Management LLC increased its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock worth $36,000 after buying an additional 1,062 shares in the last quarter. Finally, Godsey & Gibb Inc. raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock worth $48,000 after acquiring an additional 1,402 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 1.0 %

Shares of NYSEARCA:SCHB opened at $23.21 on Friday. The company has a market capitalization of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock’s fifty day simple moving average is $23.12 and its 200-day simple moving average is $22.18. Schwab US Broad Market ETF has a 52-week low of $18.34 and a 52-week high of $23.73.

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.