EverSource Wealth Advisors LLC Boosts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

EverSource Wealth Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 203.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,005 shares of the company’s stock after buying an additional 4,695 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $159,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SCHB. Sequoia Financial Advisors LLC boosted its stake in Schwab US Broad Market ETF by 200.8% during the 4th quarter. Sequoia Financial Advisors LLC now owns 530,154 shares of the company’s stock valued at $12,034,000 after acquiring an additional 353,897 shares during the last quarter. PFG Advisors raised its stake in shares of Schwab US Broad Market ETF by 202.7% in the 4th quarter. PFG Advisors now owns 256,568 shares of the company’s stock valued at $5,824,000 after purchasing an additional 171,817 shares in the last quarter. Summit X LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Summit X LLC now owns 10,278 shares of the company’s stock worth $233,000 after purchasing an additional 6,852 shares during the last quarter. HighTower Advisors LLC increased its holdings in Schwab US Broad Market ETF by 206.2% in the fourth quarter. HighTower Advisors LLC now owns 8,146,204 shares of the company’s stock valued at $184,919,000 after buying an additional 5,485,579 shares during the last quarter. Finally, Glaxis Capital Management LLC lifted its holdings in Schwab US Broad Market ETF by 201.0% during the 4th quarter. Glaxis Capital Management LLC now owns 9,259 shares of the company’s stock worth $210,000 after buying an additional 6,183 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.7 %

Shares of NYSEARCA SCHB opened at $21.85 on Tuesday. The company has a market capitalization of $31.25 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The business has a 50 day simple moving average of $22.95 and a 200-day simple moving average of $22.71.

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.