283,189 Shares of Schwab US Broad Market ETF $SCHB Bought by Asset Allocation & Management Company LLC

Asset Allocation & Management Company LLC purchased a new stake 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 283,189 shares of the company’s stock, valued at approximately $8,300,000. Schwab US Broad Market ETF accounts for about 2.6% of Asset Allocation & Management Company LLC’s portfolio, making the stock its 10th largest position.

Several other institutional investors have also modified their holdings of SCHB. Hanson & Doremus Investment Management increased its stake in Schwab US Broad Market ETF by 0.5% in the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after purchasing an additional 33,281 shares in the last quarter. Evergreen Advisors LLC raised its position in Schwab US Broad Market ETF by 1.8% during the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after acquiring an additional 112,717 shares during the last quarter. HHM Wealth Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 2.2% in the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock valued at $129,179,000 after purchasing an additional 108,943 shares during the last quarter. Mariner LLC increased its stake in shares of Schwab US Broad Market ETF by 3.8% during the 4th quarter. Mariner LLC now owns 4,454,313 shares of the company’s stock worth $116,847,000 after purchasing an additional 164,384 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Schwab US Broad Market ETF by 25.1% during the 4th quarter. Captrust Financial Advisors now owns 4,236,900 shares of the company’s stock worth $111,134,000 after purchasing an additional 849,417 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock traded down $0.06 during mid-day trading on Tuesday, hitting $29.82. 3,992,258 shares of the company were exchanged, compared to its average volume of 9,081,020. The company has a market capitalization of $45.21 billion, a P/E ratio of 25.08 and a beta of 1.02. The business’s 50 day simple moving average is $29.64 and its two-hundred day simple moving average is $28.61. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.15.

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.