Eastern Bank Buys Shares of 2,400 Schwab US Broad Market ETF (NYSEARCA:SCHB)

Eastern Bank bought a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, Holdings Channel.com reports. The fund bought 2,400 shares of the company’s stock, valued at approximately $54,000.

Several other hedge funds also recently modified their holdings of the business. Winthrop Advisory Group LLC boosted its holdings in Schwab US Broad Market ETF by 270.0% in the fourth quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock worth $33,514,000 after purchasing an additional 1,077,345 shares in the last quarter. Legacy Private Trust Co. boosted its stake in shares of Schwab US Broad Market ETF by 210.0% during the 4th quarter. Legacy Private Trust Co. now owns 1,470,532 shares of the company’s stock worth $33,381,000 after acquiring an additional 996,131 shares in the last quarter. WT Wealth Management raised its stake in shares of Schwab US Broad Market ETF by 195.4% in the 3rd quarter. WT Wealth Management now owns 1,235,645 shares of the company’s stock valued at $82,195,000 after acquiring an additional 817,389 shares in the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC raised its stake in shares of Schwab US Broad Market ETF by 196.4% in the 3rd quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 868,604 shares of the company’s stock valued at $57,780,000 after acquiring an additional 575,590 shares in the last quarter. Finally, Capital Management Associates Inc bought a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $37,567,000.

Schwab US Broad Market ETF Stock Up 0.2 %

Shares of SCHB stock opened at $22.58 on Wednesday. The business’s 50 day moving average is $23.13 and its two-hundred day moving average is $22.15. Schwab US Broad Market ETF has a 12 month low of $18.25 and a 12 month high of $23.73. The company has a market cap of $10.38 billion, a PE ratio of 25.24 and a beta of 1.02.

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.