Myecfo LLC Has $65.08 Million Stock Holdings in Schwab US Broad Market ETF $SCHB

Myecfo LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,481,049 shares of the company’s stock after buying an additional 63,496 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 27.6% of Myecfo LLC’s holdings, making the stock its largest holding. Myecfo LLC owned 0.17% of Schwab US Broad Market ETF worth $65,081,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHB. Gallagher Fiduciary Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 2,295.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after purchasing an additional 62,061,116 shares during the period. Caprock Group LLC bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $54,987,000. Boulder Wealth Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $40,435,000. Weaver Capital Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $35,322,000. Finally, Rebalance LLC increased its stake in Schwab US Broad Market ETF by 10.0% during the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after purchasing an additional 1,320,879 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $25.37 on Thursday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.94. The company’s 50 day moving average price is $26.30 and its two-hundred day moving average price is $26.11. The company has a market capitalization of $36.96 billion, a P/E ratio of 25.08 and a beta of 1.02.

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