Ridgewood Investments LLC Increases Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ridgewood Investments LLC lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 393.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,484 shares of the company’s stock after acquiring an additional 20,324 shares during the quarter. Ridgewood Investments LLC’s holdings in Schwab US Broad Market ETF were worth $578,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Burkett Financial Services LLC increased its holdings in Schwab US Broad Market ETF by 1.4% in the third quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock valued at $897,000 after buying an additional 183 shares during the last quarter. Carnegie Investment Counsel increased its holdings in Schwab US Broad Market ETF by 1.5% in the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after buying an additional 195 shares during the last quarter. Evanson Asset Management LLC increased its holdings in Schwab US Broad Market ETF by 1.8% in the third quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock valued at $751,000 after buying an additional 198 shares during the last quarter. Citizens Financial Group Inc. RI increased its holdings in Schwab US Broad Market ETF by 1.8% in the second quarter. Citizens Financial Group Inc. RI now owns 12,820 shares of the company’s stock valued at $809,000 after buying an additional 227 shares during the last quarter. Finally, Long Island Wealth Management Inc. grew its holdings in shares of Schwab US Broad Market ETF by 0.4% during the second quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock valued at $3,871,000 after purchasing an additional 262 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 1.8 %

Shares of NYSEARCA:SCHB traded down $0.40 during trading on Friday, hitting $22.45. 2,941,078 shares of the company traded hands, compared to its average volume of 3,766,168. The stock has a market capitalization of $10.32 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business’s fifty day moving average is $23.10 and its 200-day moving average is $22.10. Schwab US Broad Market ETF has a one year low of $18.25 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.