Schwab US Broad Market ETF (NYSEARCA:SCHB) Holdings Boosted by Evergreen Advisors LLC

Evergreen Advisors LLC raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 188.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,366,873 shares of the company’s stock after purchasing an additional 4,160,555 shares during the period. Schwab US Broad Market ETF accounts for 39.5% of Evergreen Advisors LLC’s holdings, making the stock its biggest position. Evergreen Advisors LLC owned about 1.39% of Schwab US Broad Market ETF worth $144,528,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE lifted its stake in shares of Schwab US Broad Market ETF by 198.6% in the fourth quarter. US Bancorp DE now owns 68,626 shares of the company’s stock worth $1,558,000 after buying an additional 45,642 shares in the last quarter. Fisher Asset Management LLC purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth about $268,000. Noesis Capital Mangement Corp lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Noesis Capital Mangement Corp now owns 10,094 shares of the company’s stock worth $229,000 after buying an additional 6,729 shares in the last quarter. Wiser Advisor Group LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 785 shares in the last quarter. Finally, Cobblestone Capital Advisors LLC NY lifted its stake in shares of Schwab US Broad Market ETF by 193.5% in the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 906,445 shares of the company’s stock worth $20,576,000 after buying an additional 597,633 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 1.5 %

NYSEARCA:SCHB opened at $22.92 on Friday. The company’s 50-day moving average price is $23.19 and its 200-day moving average price is $22.66. The company has a market cap of $32.78 billion, a P/E ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77.

Schwab US Broad Market ETF 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.