Whitener Capital Management Inc. Grows Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Whitener Capital Management Inc. grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 177.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 228,382 shares of the company’s stock after acquiring an additional 146,053 shares during the period. Schwab US Broad Market ETF makes up approximately 1.5% of Whitener Capital Management Inc.’s portfolio, making the stock its 17th largest holding. Whitener Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $5,184,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHB. Renaissance Technologies LLC purchased a new stake in Schwab US Broad Market ETF in the 2nd quarter worth $704,000. Blair William & Co. IL lifted its stake in Schwab US Broad Market ETF by 3.7% in the second quarter. Blair William & Co. IL now owns 60,935 shares of the company’s stock worth $3,831,000 after purchasing an additional 2,189 shares during the last quarter. Brighton Jones LLC lifted its stake in Schwab US Broad Market ETF by 42.0% in the second quarter. Brighton Jones LLC now owns 80,764 shares of the company’s stock worth $5,078,000 after purchasing an additional 23,887 shares during the last quarter. Hollencrest Capital Management lifted its stake in Schwab US Broad Market ETF by 218.2% in the second quarter. Hollencrest Capital Management now owns 2,520 shares of the company’s stock worth $158,000 after purchasing an additional 1,728 shares during the last quarter. Finally, AE Wealth Management LLC increased its position in shares of Schwab US Broad Market ETF by 13.2% during the second quarter. AE Wealth Management LLC now owns 12,922 shares of the company’s stock worth $812,000 after acquiring an additional 1,508 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $23.21 on Friday. The firm has a market cap of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. The firm’s 50 day simple moving average is $23.12 and its 200-day simple moving average is $22.18. Schwab US Broad Market ETF has a one year low of $18.34 and a one year high of $23.73.

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.