Ballentine Partners LLC Purchases 2,055,961 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ballentine Partners LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 192.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,122,833 shares of the company’s stock after purchasing an additional 2,055,961 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.2% of Ballentine Partners LLC’s investment portfolio, making the stock its 15th largest position. Ballentine Partners LLC’s holdings in Schwab US Broad Market ETF were worth $70,888,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SCHB. HB Wealth Management LLC increased its stake in 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 acquiring an additional 4,281,591 shares during the last quarter. Rebalance LLC boosted its holdings in shares of Schwab US Broad Market ETF by 4.6% in the 3rd 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 period. Hengehold Capital Management LLC increased its position in shares of Schwab US Broad Market ETF by 1.3% during the 3rd quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after purchasing an additional 38,823 shares during the last quarter. Strid Group LLC raised its holdings in Schwab US Broad Market ETF by 4.0% during the 3rd quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after buying an additional 111,281 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its position in Schwab US Broad Market ETF by 195.7% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after buying an additional 1,821,631 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 1.0 %

NYSEARCA SCHB opened at $23.21 on Tuesday. Schwab US Broad Market ETF has a 52 week low of $18.34 and a 52 week high of $23.73. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company has a fifty day moving average of $23.12 and a two-hundred day moving average of $22.21.

About Schwab US Broad Market ETF

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.