Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,515 shares of the company’s stock after purchasing an additional 499 shares during the period. Park Avenue Securities LLC’s holdings in Schwab US Broad Market ETF were worth $764,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHB. Morningstar Investment Services LLC increased its position in Schwab US Broad Market ETF by 114.4% during the 4th quarter. Morningstar Investment Services LLC now owns 1,425,586 shares of the company’s stock worth $79,705,000 after purchasing an additional 760,762 shares during the period. Compass Advisory Group LLC boosted its stake in shares of Schwab US Broad Market ETF by 384.5% during the 4th quarter. Compass Advisory Group LLC now owns 730,442 shares of the company’s stock worth $40,664,000 after acquiring an additional 579,689 shares in the last quarter. Focus Financial Network Inc. ADV purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $22,828,000. Goldman Sachs Group Inc. boosted its stake in shares of Schwab US Broad Market ETF by 239.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock worth $31,693,000 after acquiring an additional 401,485 shares in the last quarter. Finally, Robinson Smith Wealth Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $16,490,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $62.94 on Thursday. The business’s 50 day simple moving average is $61.00 and its 200-day simple moving average is $58.93. The firm has a market capitalization of $28.93 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $47.46 and a 12 month high of $63.46.

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.