Schwab US Broad Market ETF (SCHB) is D.B. Root & Company LLC’s 5th Largest Position

D.B. Root & Company LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 29.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,458 shares of the company’s stock after buying an additional 18,176 shares during the quarter. Schwab US Broad Market ETF comprises about 2.5% of D.B. Root & Company LLC’s portfolio, making the stock its 5th largest position. D.B. Root & Company LLC’s holdings in Schwab US Broad Market ETF were worth $5,663,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Pegasus Asset Management Inc. grew its holdings in shares of Schwab US Broad Market ETF by 9.7% during the 3rd quarter. Pegasus Asset Management Inc. now owns 156,204 shares of the company’s stock valued at $10,995,000 after purchasing an additional 13,783 shares during the last quarter. Bigelow Investment Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF by 12.5% during the 3rd quarter. Bigelow Investment Advisors LLC now owns 16,507 shares of the company’s stock valued at $1,162,000 after purchasing an additional 1,832 shares during the last quarter. FineMark National Bank & Trust bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at approximately $218,000. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Schwab US Broad Market ETF by 23.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 202,846 shares of the company’s stock valued at $14,278,000 after purchasing an additional 38,261 shares during the last quarter. Finally, Advisory Services Network LLC grew its holdings in shares of Schwab US Broad Market ETF by 15.4% during the 3rd quarter. Advisory Services Network LLC now owns 17,892 shares of the company’s stock valued at $1,259,000 after purchasing an additional 2,381 shares during the last quarter.

Shares of Schwab US Broad Market ETF stock opened at $66.32 on Wednesday. Schwab US Broad Market ETF has a 1 year low of $61.07 and a 1 year high of $71.36.

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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.

Further Reading: Stock Symbols, CUSIP and Other Stock Identifiers

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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