Brighton Jones LLC Makes New Investment in Schwab US Broad Market ETF $SCHB

Brighton Jones LLC purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, according to its most recent filing with the SEC. The firm purchased 301,436 shares of the company’s stock, valued at approximately $8,835,000.

Several other hedge funds have also recently made changes to their positions in SCHB. Hengehold Capital Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $222,931,000. Forvis Mazars Wealth Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $175,355,000. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $72,509,000. Legacy Private Trust Co. acquired a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $36,626,000. Finally, SYM FINANCIAL Corp acquired a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $34,824,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $28.30 on Friday. The company has a market cap of $43.10 billion, a P/E ratio of 25.08 and a beta of 1.02. The stock has a 50 day simple moving average of $29.46 and a two-hundred day simple moving average of $28.17. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15.

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.