Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 185.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 535,555 shares of the company’s stock after purchasing an additional 347,662 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Schwab US Broad Market ETF were worth $12,157,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Promus Capital LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $25,000. Blume Capital Management Inc. raised its position in shares of Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares during the period. Maryland Capital Advisors Inc. grew its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares in the last quarter. Wiser Advisor Group LLC grew its holdings in Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 785 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. grew its holdings in Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $21.69 on Monday. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77. The firm has a market capitalization of $31.02 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. The business has a 50 day simple moving average of $22.97 and a 200 day simple moving average of $22.70.

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.