Downshift Financial LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 8.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 984,152 shares of the company’s stock after acquiring an additional 75,467 shares during the quarter. Schwab US Broad Market ETF comprises about 12.5% of Downshift Financial LLC’s investment portfolio, making the stock its largest holding. Downshift Financial LLC’s holdings in Schwab US Broad Market ETF were worth $28,845,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Hanson & Doremus Investment Management boosted its holdings in Schwab US Broad Market ETF by 0.5% in the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after purchasing an additional 33,281 shares during the period. Evergreen Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 1.8% during the 1st quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after purchasing an additional 112,717 shares in the last quarter. HHM Wealth Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 2.2% during the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after purchasing an additional 108,943 shares during the period. Mariner LLC increased its holdings in shares of Schwab US Broad Market ETF by 3.8% during the fourth quarter. Mariner LLC now owns 4,454,313 shares of the company’s stock worth $116,847,000 after purchasing an additional 164,384 shares during the period. Finally, Captrust Financial Advisors increased its holdings in shares of Schwab US Broad Market ETF by 25.1% during the fourth quarter. Captrust Financial Advisors now owns 4,236,900 shares of the company’s stock worth $111,134,000 after purchasing an additional 849,417 shares during the period.
Schwab US Broad Market ETF Stock Performance
Shares of NYSEARCA SCHB traded down $0.03 during midday trading on Tuesday, reaching $29.85. The company’s stock had a trading volume of 7,514,141 shares, compared to its average volume of 9,100,331. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15. The business’s 50 day moving average price is $29.64 and its two-hundred day moving average price is $28.61. The company has a market cap of $45.25 billion, a P/E ratio of 25.08 and a beta of 1.02.
Schwab US Broad Market ETF Company 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.
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