Advisortrust Partners LLC Invests $759,000 in Schwab US Broad Market ETF $SCHB

Advisortrust Partners LLC acquired a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, Holdings Channel.com reports. The firm acquired 28,922 shares of the company’s stock, valued at approximately $759,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Evergreen Advisors LLC bought a new position in Schwab US Broad Market ETF in the fourth quarter valued at approximately $161,772,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $77,479,000. Boulder Wealth Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the third quarter worth $40,435,000. Appalachian Capital Management Ltd acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $40,815,000. Finally, Focus Partners Wealth raised its holdings in shares of Schwab US Broad Market ETF by 130.3% during the fourth quarter. Focus Partners Wealth now owns 2,626,053 shares of the company’s stock worth $68,881,000 after acquiring an additional 1,485,838 shares during the period.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $28.97 on Friday. The stock has a market capitalization of $42.84 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $22.88 and a 12 month high of $29.35. The firm’s fifty day simple moving average is $28.20 and its 200 day simple moving average is $26.91.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.