Diversified Trust Co Acquires 31,728 Shares of Schwab US Broad Market ETF $SCHB

Diversified Trust Co grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 87.3% in the first quarter, Holdings Channel reports. The institutional investor owned 68,076 shares of the company’s stock after acquiring an additional 31,728 shares during the period. Diversified Trust Co’s holdings in Schwab US Broad Market ETF were worth $1,709,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Westmount Partners LLC raised its holdings in shares of Schwab US Broad Market ETF by 11.2% in the 1st quarter. Westmount Partners LLC now owns 36,526 shares of the company’s stock worth $917,000 after acquiring an additional 3,692 shares during the last quarter. Asset Allocation & Management Company LLC lifted its position in Schwab US Broad Market ETF by 9.1% in the 1st quarter. Asset Allocation & Management Company LLC now owns 262,123 shares of the company’s stock valued at $6,579,000 after acquiring an additional 21,867 shares in the last quarter. Carter Financial LLC acquired a new position in Schwab US Broad Market ETF during the 4th quarter valued at about $301,000. Cornerstone Planning LLC acquired a new position in Schwab US Broad Market ETF during the 4th quarter valued at about $1,285,000. Finally, World Investment Advisors boosted its stake in Schwab US Broad Market ETF by 6.7% during the 4th quarter. World Investment Advisors now owns 56,031 shares of the company’s stock valued at $1,470,000 after purchasing an additional 3,512 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $28.88 on Tuesday. The firm has a market capitalization of $42.70 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $22.88 and a 52 week high of $29.35. The stock has a 50 day moving average price of $28.25 and a two-hundred day moving average price of $26.94.

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.