Dorato Capital Management Acquires New Position in Schwab US Broad Market ETF $SCHB

Dorato Capital Management bought a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 93,710 shares of the company’s stock, valued at approximately $2,500,000. Schwab US Broad Market ETF makes up about 1.9% of Dorato Capital Management’s investment portfolio, making the stock its 8th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC lifted its stake in Schwab US Broad Market ETF by 2,295.8% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after acquiring an additional 62,061,116 shares during the period. Caprock Group LLC purchased a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $54,987,000. Boulder Wealth Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $40,435,000. Weaver Capital Management LLC bought a new position in Schwab US Broad Market ETF during the third quarter valued at approximately $35,322,000. Finally, Rebalance LLC lifted its position in Schwab US Broad Market ETF by 10.0% during the third quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock valued at $372,283,000 after purchasing an additional 1,320,879 shares during the period.

Schwab US Broad Market ETF Trading Up 0.1%

Shares of SCHB stock opened at $25.33 on Friday. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.94. The stock has a market capitalization of $36.91 billion, a P/E ratio of 25.08 and a beta of 1.02. The firm’s 50 day moving average is $26.10 and its 200 day moving average is $26.09.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.