Allworth Financial LP Has $20.90 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Allworth Financial LP lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1,937.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 887,772 shares of the company’s stock after purchasing an additional 844,190 shares during the period. Allworth Financial LP’s holdings in Schwab US Broad Market ETF were worth $20,898,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHB. Principal Securities Inc. grew its holdings in Schwab US Broad Market ETF by 245.0% during the fourth quarter. Principal Securities Inc. now owns 2,415 shares of the company’s stock worth $55,000 after buying an additional 1,715 shares in the last quarter. Everhart Financial Group Inc. lifted its holdings in Schwab US Broad Market ETF by 182.4% during the 4th quarter. Everhart Financial Group Inc. now owns 458,028 shares of the company’s stock worth $10,397,000 after purchasing an additional 295,836 shares in the last quarter. Lakeridge Wealth Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Lakeridge Wealth Management LLC now owns 20,691 shares of the company’s stock valued at $470,000 after acquiring an additional 13,794 shares in the last quarter. Beacon Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 200.2% in the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after acquiring an additional 811 shares in the last quarter. Finally, Seascape Capital Management increased its position in shares of Schwab US Broad Market ETF by 269.3% during the 4th quarter. Seascape Capital Management now owns 65,809 shares of the company’s stock valued at $1,494,000 after purchasing an additional 47,988 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $23.65 on Friday. The business’s 50 day simple moving average is $23.19 and its two-hundred day simple moving average is $22.48. The stock has a market capitalization of $10.87 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.73.

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.