Schwab US Broad Market ETF $SCHB Shares Acquired by Waverly Advisors LLC

Waverly Advisors LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,061,232 shares of the company’s stock after buying an additional 41,366 shares during the quarter. Waverly Advisors LLC owned approximately 0.21% of Schwab US Broad Market ETF worth $76,837,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $27,000. Birchwood Financial Partners Inc. acquired a new stake in Schwab US Broad Market ETF in the 4th quarter valued at $28,000. Wiser Advisor Group LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at $29,000. Bayban purchased a new stake in Schwab US Broad Market ETF in the 4th quarter worth $33,000. Finally, LRI Investments LLC purchased a new stake in Schwab US Broad Market ETF in the 4th quarter worth $35,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $28.56 on Friday. The company has a fifty day moving average of $28.81 and a two-hundred day moving average of $27.35. The stock has a market capitalization of $42.78 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $23.85 and a fifty-two week high of $29.35.

Schwab US Broad Market ETF Company 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.