Schwab US Broad Market ETF $SCHB Shares Acquired by Evergreen Advisors LLC

Evergreen Advisors LLC grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,280,152 shares of the company’s stock after buying an additional 112,717 shares during the period. Schwab US Broad Market ETF makes up 37.0% of Evergreen Advisors LLC’s portfolio, making the stock its biggest position. Evergreen Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $157,632,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. raised its position in shares of Schwab US Broad Market ETF by 5.4% during the first quarter. D.A. Davidson & CO. now owns 57,812 shares of the company’s stock worth $1,451,000 after purchasing an additional 2,944 shares during the period. NerdWallet Wealth Partners LLC increased its stake in Schwab US Broad Market ETF by 4.5% during the 1st quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock worth $226,000 after purchasing an additional 385 shares in the last quarter. IMC Chicago LLC acquired a new stake in Schwab US Broad Market ETF during the 1st quarter worth approximately $450,000. Northstar Financial Companies Inc. raised its holdings in Schwab US Broad Market ETF by 42.9% during the 1st quarter. Northstar Financial Companies Inc. now owns 19,975 shares of the company’s stock worth $501,000 after buying an additional 6,000 shares during the period. Finally, Ethos Financial Group LLC raised its holdings in Schwab US Broad Market ETF by 3.6% during the 1st quarter. Ethos Financial Group LLC now owns 2,026,333 shares of the company’s stock worth $50,855,000 after buying an additional 69,826 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $29.16 on Thursday. The firm has a market cap of $43.62 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $23.83 and a twelve month high of $29.35. The firm’s 50 day moving average price is $28.77 and its two-hundred day moving average price is $27.24.

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