Snowden Capital Advisors LLC Buys 7,570 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Snowden Capital Advisors LLC raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 11,355 shares of the company’s stock after purchasing an additional 7,570 shares during the quarter. Snowden Capital Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $258,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklyn FI LLC increased its stake in Schwab US Broad Market ETF by 17,756.0% in the fourth quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after acquiring an additional 23,025,564 shares during the period. Betterment LLC increased its stake in Schwab US Broad Market ETF by 193.5% in the fourth quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock valued at $403,461,000 after acquiring an additional 11,718,291 shares during the period. Rebalance LLC increased its stake in Schwab US Broad Market ETF by 199.9% in the fourth quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after acquiring an additional 7,646,591 shares during the period. SCS Capital Management LLC increased its stake in Schwab US Broad Market ETF by 170.1% in the fourth quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock valued at $231,631,000 after acquiring an additional 6,426,551 shares during the period. Finally, Evensky & Katz LLC increased its stake in Schwab US Broad Market ETF by 187.7% in the fourth quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock valued at $211,680,000 after acquiring an additional 6,084,141 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $22.47 on Friday. The stock has a market cap of $32.36 billion, a P/E ratio of 25.46 and a beta of 1.03. The company’s 50-day simple moving average is $21.34 and its 200 day simple moving average is $22.46. Schwab US Broad Market ETF has a twelve month low of $18.53 and a twelve month high of $23.77.

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.