Avalon Advisory Group Has $3.03 Million Holdings in Schwab US Broad Market ETF $SCHB

Avalon Advisory Group reduced its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 15.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 140,625 shares of the company’s stock after selling 26,065 shares during the quarter. Schwab US Broad Market ETF comprises about 1.4% of Avalon Advisory Group’s holdings, making the stock its 6th biggest holding. Avalon Advisory Group’s holdings in Schwab US Broad Market ETF were worth $3,028,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Studio Investment Management LLC boosted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after acquiring an additional 728 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Schwab US Broad Market ETF in the first quarter valued at approximately $25,000. Johnson Financial Group Inc. boosted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Johnson Financial Group Inc. now owns 1,191 shares of the company’s stock valued at $28,000 after acquiring an additional 794 shares during the period. Vermillion Wealth Management Inc. purchased a new position in Schwab US Broad Market ETF in the 4th quarter worth approximately $31,000. Finally, Curat Global LLC purchased a new position in Schwab US Broad Market ETF in the 1st quarter worth approximately $31,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $24.93 on Friday. The company’s fifty day moving average price is $24.14 and its 200-day moving average price is $22.77. The firm has a market capitalization of $36.04 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $24.99.

About Schwab US Broad Market ETF

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.