Schwab US Broad Market ETF $SCHB Stock Holdings Decreased by Wealthfront Advisers LLC

Wealthfront Advisers LLC decreased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 52,556,138 shares of the company’s stock after selling 1,008,153 shares during the period. Schwab US Broad Market ETF comprises about 2.9% of Wealthfront Advisers LLC’s investment portfolio, making the stock its 8th biggest holding. Wealthfront Advisers LLC owned 3.55% of Schwab US Broad Market ETF worth $1,319,159,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rebalance LLC grew its holdings in shares of Schwab US Broad Market ETF by 3.3% during the 4th quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock valued at $392,485,000 after acquiring an additional 483,144 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 11.0% during the fourth quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock worth $226,412,000 after acquiring an additional 854,800 shares in the last quarter. Hanson & Doremus Investment Management raised its holdings in shares of Schwab US Broad Market ETF by 0.5% during the first quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock worth $176,733,000 after acquiring an additional 33,281 shares in the last quarter. Evergreen Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter valued at $161,772,000. Finally, HHM Wealth Advisors LLC boosted its position in 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 valued at $129,179,000 after purchasing an additional 108,943 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $29.16 on Thursday. Schwab US Broad Market ETF has a fifty-two week low of $23.83 and a fifty-two week high of $29.35. The stock’s 50-day moving average is $28.77 and its two-hundred day moving average is $27.24. The firm has a market cap of $43.62 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.