Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Evergreen Advisors LLC

Evergreen Advisors LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 188.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,366,873 shares of the company’s stock after purchasing an additional 4,160,555 shares during the period. Schwab US Broad Market ETF accounts for about 39.5% of Evergreen Advisors LLC’s holdings, making the stock its biggest holding. Evergreen Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $144,528,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valeo Financial Advisors LLC increased its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock worth $374,000 after purchasing an additional 10,979 shares during the last quarter. Versant Capital Management Inc increased its position in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after purchasing an additional 9,352 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in Schwab US Broad Market ETF by 194.3% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock worth $571,000 after purchasing an additional 16,602 shares during the last quarter. Fulcrum Equity Management increased its position in shares of Schwab US Broad Market ETF by 6.3% during the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after acquiring an additional 668 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at about $703,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $22.92 on Friday. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The stock has a market cap of $32.78 billion, a PE ratio of 25.96 and a beta of 1.04. The firm has a 50-day simple moving average of $23.19 and a two-hundred day simple moving average of $22.66.

About Schwab US Broad Market ETF

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.