Schwab US Broad Market ETF $SCHB Shares Purchased by Evergreen Advisors LLC

Evergreen Advisors LLC grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,280,152 shares of the company’s stock after acquiring an additional 112,717 shares during the quarter. Schwab US Broad Market ETF accounts for about 37.0% of Evergreen Advisors LLC’s holdings, making the stock its largest position. Evergreen Advisors LLC owned 0.42% of Schwab US Broad Market ETF worth $157,632,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SCHB. Financial Life Planners acquired a new stake in Schwab US Broad Market ETF during the first quarter worth $27,000. Birchwood Financial Partners Inc. acquired a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at $28,000. Wiser Advisor Group LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $29,000. Bayban bought a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $33,000. Finally, LRI Investments LLC bought a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $35,000.

Schwab US Broad Market ETF Trading Up 0.3%

NYSEARCA SCHB opened at $29.16 on Thursday. Schwab US Broad Market ETF has a 1-year low of $23.83 and a 1-year high of $29.35. The company has a market capitalization of $43.62 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The stock’s 50 day moving average is $28.77 and its two-hundred day moving average is $27.24.

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.