Evanson Financial LLC Purchases New Shares in Schwab US Broad Market ETF $SCHB

Evanson Financial LLC purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 38,978 shares of the company’s stock, valued at approximately $1,129,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Brighton Jones LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1,209.6% during the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab US Broad Market ETF by 197.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after acquiring an additional 14,279 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Schwab US Broad Market ETF by 50.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after acquiring an additional 518,984 shares in the last quarter. Schnieders Capital Management LLC. acquired a new position in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $218,000. Finally, Russell Investments Group Ltd. raised its stake in shares of Schwab US Broad Market ETF by 18.5% in the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock valued at $236,000 after acquiring an additional 1,552 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $29.90 on Friday. The business has a fifty day moving average price of $28.89 and a 200 day moving average price of $27.52. The stock has a market capitalization of $44.86 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $24.28 and a 12 month high of $30.01.

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.