Focus Partners Advisor Solutions LLC Increases Stock Holdings in Schwab US Broad Market ETF $SCHB

Focus Partners Advisor Solutions LLC increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 13.8% in the first quarter, HoldingsChannel.com reports. The fund owned 197,812 shares of the company’s stock after acquiring an additional 23,985 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Schwab US Broad Market ETF were worth $4,259,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Studio Investment Management LLC lifted its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after acquiring an additional 728 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new position in Schwab US Broad Market ETF in the first quarter worth $25,000. Vermillion Wealth Management Inc. bought a new position in Schwab US Broad Market ETF in the fourth quarter worth $31,000. Wealth Preservation Advisors LLC bought a new position in Schwab US Broad Market ETF in the first quarter worth $30,000. Finally, Curat Global LLC bought a new position in Schwab US Broad Market ETF in the first quarter worth $31,000.

Schwab US Broad Market ETF Trading Down 0.6%

SCHB opened at $24.94 on Tuesday. The stock has a fifty day simple moving average of $24.36 and a two-hundred day simple moving average of $22.82. The company has a market cap of $36.06 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $25.11.

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.