Lido Advisors LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 5.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 846,394 shares of the company’s stock after buying an additional 47,425 shares during the period. Lido Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $21,245,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at approximately $27,000. Birchwood Financial Partners Inc. acquired a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at $28,000. Wiser Advisor Group LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $29,000. Bayban purchased a new stake in Schwab US Broad Market ETF in the 4th quarter valued at $33,000. Finally, LRI Investments LLC purchased a new stake in Schwab US Broad Market ETF in the 4th quarter valued at $35,000.
Schwab US Broad Market ETF Price Performance
Shares of NYSEARCA:SCHB opened at $28.55 on Friday. Schwab US Broad Market ETF has a 1-year low of $23.85 and a 1-year high of $29.35. The stock has a market cap of $42.77 billion, a P/E ratio of 25.08 and a beta of 1.02. The firm has a fifty day moving average price of $28.80 and a 200 day moving average price of $27.34.
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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