Evolution Advisers Inc. Has $42,000 Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Evolution Advisers Inc. boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 33.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 756 shares of the company’s stock after purchasing an additional 191 shares during the quarter. Evolution Advisers Inc.’s holdings in Schwab US Broad Market ETF were worth $42,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV boosted its position in Schwab US Broad Market ETF by 55.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after purchasing an additional 221 shares during the period. Lee Financial Co bought a new position in Schwab US Broad Market ETF during the third quarter worth $35,000. BKM Wealth Management LLC bought a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $41,000. Bfsg LLC bought a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $41,000. Finally, HighMark Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF by 45.0% in the fourth quarter. HighMark Wealth Management LLC now owns 838 shares of the company’s stock valued at $47,000 after acquiring an additional 260 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock traded down $0.25 on Thursday, hitting $58.58. The company’s stock had a trading volume of 714,688 shares, compared to its average volume of 867,092. The stock’s 50 day moving average is $59.57 and its 200-day moving average is $55.72. Schwab US Broad Market ETF has a fifty-two week low of $46.92 and a fifty-two week high of $61.18. The company has a market capitalization of $26.87 billion, a PE ratio of 24.49 and a beta of 1.03.

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.