Evanson Financial LLC Takes Position in Schwab US Broad Market ETF $SCHB

Evanson Financial LLC bought a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 38,978 shares of the company’s stock, valued at approximately $1,129,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHB. Brighton Jones LLC raised its holdings in shares of Schwab US Broad Market ETF by 1,209.6% in the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after purchasing an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after acquiring an additional 14,279 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Schwab US Broad Market ETF by 50.4% in the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after acquiring an additional 518,984 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth $218,000. Finally, Russell Investments Group Ltd. grew its stake in shares of Schwab US Broad Market ETF by 18.5% during the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock worth $236,000 after acquiring an additional 1,552 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $29.90 on Friday. Schwab US Broad Market ETF has a 1-year low of $24.28 and a 1-year high of $30.01. The firm has a market capitalization of $44.86 billion, a PE ratio of 25.08 and a beta of 1.02. The company’s fifty day moving average price is $28.89 and its 200-day moving average price is $27.52.

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.