Tanager Wealth Management LLP Acquires New Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Tanager Wealth Management LLP acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, Holdings Channel.com reports. The fund acquired 3,996 shares of the company’s stock, valued at approximately $222,000.

Other hedge funds have also added to or reduced their stakes in the company. Natixis Advisors L.P. bought a new stake in shares of Schwab US Broad Market ETF during the third quarter worth $666,000. Morningstar Investment Services LLC grew its stake in shares of Schwab US Broad Market ETF by 6.9% in the third quarter. Morningstar Investment Services LLC now owns 664,824 shares of the company’s stock worth $33,215,000 after purchasing an additional 43,035 shares during the last quarter. Citigroup Inc. grew its stake in shares of Schwab US Broad Market ETF by 9.9% in the third quarter. Citigroup Inc. now owns 3,062 shares of the company’s stock worth $153,000 after purchasing an additional 275 shares during the last quarter. WBH Advisory Inc. grew its stake in shares of Schwab US Broad Market ETF by 2.7% in the fourth quarter. WBH Advisory Inc. now owns 556,907 shares of the company’s stock worth $31,003,000 after purchasing an additional 14,679 shares during the last quarter. Finally, Bouchey Financial Group Ltd grew its stake in shares of Schwab US Broad Market ETF by 11.0% in the fourth quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock worth $133,234,000 after purchasing an additional 237,905 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock traded down $0.48 during trading on Friday, hitting $57.57. The company’s stock had a trading volume of 1,212,246 shares, compared to its average volume of 873,142. Schwab US Broad Market ETF has a 52 week low of $46.92 and a 52 week high of $61.18. The stock has a market cap of $26.40 billion, a price-to-earnings ratio of 24.49 and a beta of 1.03. The stock has a 50-day moving average price of $59.56 and a two-hundred day moving average price of $55.41.

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.