Evensky & Katz LLC cut its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 2.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 8,280,843 shares of the company’s stock after selling 212,118 shares during the quarter. Schwab US Broad Market ETF comprises 12.3% of Evensky & Katz LLC’s holdings, making the stock its 2nd largest position. Evensky & Katz LLC’s holdings in Schwab US Broad Market ETF were worth $217,207,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF in the third quarter valued at $27,000. Wiser Advisor Group LLC purchased a new position in shares of Schwab US Broad Market ETF in the third quarter valued at $29,000. LRI Investments LLC purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at $35,000. International Assets Investment Management LLC purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at $52,000. Finally, LGT Financial Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF in the third quarter valued at $52,000.
Schwab US Broad Market ETF Stock Performance
Shares of SCHB stock opened at $28.42 on Monday. The company has a market capitalization of $42.02 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a fifty day simple moving average of $26.55 and a 200-day simple moving average of $26.42. Schwab US Broad Market ETF has a twelve month low of $22.16 and a twelve month high of $28.85.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
Featured Articles
- Five stocks we like better than Schwab US Broad Market ETF
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report).
Receive News & Ratings for Schwab US Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.
