Smithbridge Asset Management Inc. DE grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 100.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 43,537 shares of the company’s stock after purchasing an additional 21,768 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Schwab US Broad Market ETF were worth $1,142,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Evergreen Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth about $161,772,000. Caprock Group LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $54,987,000. Boulder Wealth Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $40,435,000. CWM LLC boosted its stake in shares of Schwab US Broad Market ETF by 304.7% during the 4th quarter. CWM LLC now owns 1,648,774 shares of the company’s stock worth $43,247,000 after acquiring an additional 1,241,374 shares in the last quarter. Finally, Modern Wealth Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 422.7% during the 3rd quarter. Modern Wealth Management LLC now owns 1,518,936 shares of the company’s stock worth $39,052,000 after acquiring an additional 1,228,327 shares in the last quarter.
Schwab US Broad Market ETF Stock Performance
SCHB opened at $28.03 on Thursday. The company has a market cap of $41.45 billion, a PE ratio of 25.08 and a beta of 1.02. The stock has a 50-day moving average of $27.72 and a 200-day moving average of $26.78. Schwab US Broad Market ETF has a 52-week low of $22.88 and a 52-week high of $29.35.
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.
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