Downshift Financial LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 8.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 984,152 shares of the company’s stock after buying an additional 75,467 shares during the period. Schwab US Broad Market ETF accounts for about 12.5% of Downshift Financial LLC’s portfolio, making the stock its largest holding. Downshift Financial LLC owned 0.06% of Schwab US Broad Market ETF worth $28,845,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Hanson & Doremus Investment Management raised its holdings in Schwab US Broad Market ETF by 0.5% in the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after acquiring an additional 33,281 shares during the period. Evergreen Advisors LLC lifted its position in Schwab US Broad Market ETF by 1.8% during the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after acquiring an additional 112,717 shares during the last quarter. HHM Wealth Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 2.2% during the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after acquiring an additional 108,943 shares during the period. Mariner LLC boosted its holdings in shares of Schwab US Broad Market ETF by 3.8% during the fourth quarter. Mariner LLC now owns 4,454,313 shares of the company’s stock worth $116,847,000 after acquiring an additional 164,384 shares during the period. Finally, Captrust Financial Advisors grew its position in shares of Schwab US Broad Market ETF by 25.1% in the fourth quarter. Captrust Financial Advisors now owns 4,236,900 shares of the company’s stock valued at $111,134,000 after purchasing an additional 849,417 shares during the last quarter.
Schwab US Broad Market ETF Stock Down 0.1%
Shares of Schwab US Broad Market ETF stock traded down $0.03 on Tuesday, hitting $29.85. The stock had a trading volume of 7,514,141 shares, compared to its average volume of 9,100,331. The stock has a market cap of $45.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15. The business’s 50 day moving average is $29.64 and its two-hundred day moving average is $28.61.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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