Amicus Financial Advisors LLC Takes $4.60 Million Position in Schwab US Broad Market ETF $SCHB

Amicus Financial Advisors LLC bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 175,402 shares of the company’s stock, valued at approximately $4,601,000. Schwab US Broad Market ETF comprises 1.3% of Amicus Financial Advisors LLC’s portfolio, making the stock its 15th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Evergreen Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $161,772,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $77,479,000. Boulder Wealth Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at approximately $40,435,000. Appalachian Capital Management Ltd acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at $40,815,000. Finally, Focus Partners Wealth boosted its holdings 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 buying an additional 1,485,838 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $28.97 on Friday. Schwab US Broad Market ETF has a 52 week low of $22.88 and a 52 week high of $29.35. The firm has a market cap of $42.84 billion, a P/E ratio of 25.08 and a beta of 1.02. The firm’s 50-day simple moving average is $28.20 and its 200 day simple moving average is $26.91.

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.