Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Essex Savings Bank

Essex Savings Bank lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,010 shares of the company’s stock after acquiring an additional 1,453 shares during the period. Essex Savings Bank’s holdings in Schwab US Broad Market ETF were worth $366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in SCHB. Brooklyn FI LLC increased its position in shares of Schwab US Broad Market ETF by 17,756.0% in the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after acquiring an additional 23,025,564 shares during the period. Betterment LLC grew its position in Schwab US Broad Market ETF by 193.5% during the 4th quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock worth $403,461,000 after purchasing an additional 11,718,291 shares during the period. Rebalance LLC grew its position in Schwab US Broad Market ETF by 199.9% during the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock worth $260,392,000 after purchasing an additional 7,646,591 shares during the period. SCS Capital Management LLC grew its position in Schwab US Broad Market ETF by 170.1% during the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock worth $231,631,000 after purchasing an additional 6,426,551 shares during the period. Finally, Evensky & Katz LLC grew its position in Schwab US Broad Market ETF by 187.7% during the 4th quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock worth $211,680,000 after purchasing an additional 6,084,141 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $23.05 on Thursday. The business’s 50-day moving average is $22.02 and its two-hundred day moving average is $22.44. The company has a market capitalization of $33.19 billion, a P/E ratio of 23.87 and a beta of 1.03. Schwab US Broad Market ETF has a fifty-two week low of $18.53 and a fifty-two week high of $23.77.

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.