CacheTech Inc. Acquires 23,754 Shares of Schwab US Broad Market ETF $SCHB

CacheTech Inc. increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 26.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 113,506 shares of the company’s stock after acquiring an additional 23,754 shares during the quarter. CacheTech Inc.’s holdings in Schwab US Broad Market ETF were worth $2,705,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHB. Brighton Jones LLC increased its holdings in shares of Schwab US Broad Market ETF by 1,209.6% during the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after buying an additional 14,279 shares during the period. Charles Schwab Investment Management Inc. grew its position in Schwab US Broad Market ETF by 5.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,282,278 shares of the company’s stock worth $27,607,000 after buying an additional 67,867 shares in the last quarter. Kovitz Investment Group Partners LLC grew its position in Schwab US Broad Market ETF by 76.9% during the first quarter. Kovitz Investment Group Partners LLC now owns 308,543 shares of the company’s stock worth $6,643,000 after buying an additional 134,130 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV bought a new position in Schwab US Broad Market ETF during the 1st quarter worth $241,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $26.21 on Monday. The business has a fifty day moving average price of $25.98 and a two-hundred day moving average price of $24.95. The stock has a market capitalization of $38.13 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.57.

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.