HHM Wealth Advisors LLC Has $129.18 Million Stock Position in Schwab US Broad Market ETF $SCHB

HHM Wealth Advisors LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,146,591 shares of the company’s stock after buying an additional 108,943 shares during the period. Schwab US Broad Market ETF accounts for approximately 14.9% of HHM Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. HHM Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $129,179,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Evergreen Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the fourth quarter valued at $161,772,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $77,479,000. Boulder Wealth Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $40,435,000. Appalachian Capital Management Ltd bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at about $40,815,000. Finally, Focus Partners Wealth raised its holdings in shares of Schwab US Broad Market ETF by 130.3% in the 4th quarter. Focus Partners Wealth now owns 2,626,053 shares of the company’s stock valued at $68,881,000 after purchasing an additional 1,485,838 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $28.48 on Wednesday. Schwab US Broad Market ETF has a 52-week low of $23.35 and a 52-week high of $29.35. The company has a market capitalization of $42.11 billion, a P/E ratio of 25.08 and a beta of 1.02. The company has a 50-day simple moving average of $28.30 and a 200 day simple moving average of $26.95.

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.