Rebalance LLC Has $392.49 Million Stock Holdings in Schwab US Broad Market ETF $SCHB

Rebalance LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,963,211 shares of the company’s stock after acquiring an additional 483,144 shares during the quarter. Schwab US Broad Market ETF makes up 22.9% of Rebalance LLC’s portfolio, making the stock its biggest position. Rebalance LLC’s holdings in Schwab US Broad Market ETF were worth $392,485,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Boyum Wealth Architects LLC lifted its holdings in shares of Schwab US Broad Market ETF by 10.3% during the 3rd quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock valued at $31,508,000 after purchasing an additional 114,806 shares in the last quarter. SCS Capital Management LLC increased its stake in Schwab US Broad Market ETF by 2.7% during the 2nd quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after purchasing an additional 322,220 shares in the last quarter. Cambridge Financial Group LLC increased its stake in Schwab US Broad Market ETF by 43.8% during the 2nd quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock worth $4,525,000 after purchasing an additional 57,856 shares in the last quarter. Weaver Capital Management LLC acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $35,322,000. Finally, CW Advisors LLC raised its holdings in Schwab US Broad Market ETF by 146.4% during the 2nd quarter. CW Advisors LLC now owns 55,364 shares of the company’s stock worth $1,319,000 after buying an additional 32,897 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $24.39 on Tuesday. The firm has a market cap of $35.54 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.94. The firm’s 50 day moving average price is $26.17 and its two-hundred day moving average price is $26.10.

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.