Schwab US Broad Market ETF $SCHB Stock Position Raised by Asset Allocation & Management Company LLC

Asset Allocation & Management Company LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 262,123 shares of the company’s stock after buying an additional 21,867 shares during the period. Schwab US Broad Market ETF makes up approximately 2.4% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 8th largest holding. Asset Allocation & Management Company LLC’s holdings in Schwab US Broad Market ETF were worth $6,579,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Evergreen Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter valued at $161,772,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Schwab US Broad Market ETF in the 4th quarter valued at about $77,479,000. Boulder Wealth Advisors LLC purchased a new position in Schwab US Broad Market ETF in the 3rd quarter valued at about $40,435,000. Appalachian Capital Management Ltd purchased a new position in Schwab US Broad Market ETF in the 4th quarter valued at about $40,815,000. Finally, Focus Partners Wealth boosted its stake in shares of Schwab US Broad Market ETF by 130.3% during the 4th quarter. Focus Partners Wealth now owns 2,626,053 shares of the company’s stock worth $68,881,000 after purchasing an additional 1,485,838 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $28.97 on Friday. The stock has a market capitalization of $42.84 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $22.88 and a 12-month high of $29.35. The firm’s 50-day moving average is $28.20 and its two-hundred day moving average is $26.91.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.