Brighton Jones LLC Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Brighton Jones LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 43.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 56,657 shares of the company’s stock after purchasing an additional 17,278 shares during the period. Brighton Jones LLC’s holdings in Schwab US Broad Market ETF were worth $3,154,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lee Financial Co purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $35,000. Creative Financial Designs Inc. ADV increased its position in Schwab US Broad Market ETF by 55.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after buying an additional 221 shares in the last quarter. BKM Wealth Management LLC purchased a new stake in Schwab US Broad Market ETF in the fourth quarter worth about $41,000. Bfsg LLC bought a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth about $41,000. Finally, Evolution Advisers Inc. boosted its stake in shares of Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after acquiring an additional 191 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB traded down $0.97 during mid-day trading on Tuesday, reaching $58.40. The company’s stock had a trading volume of 681,000 shares, compared to its average volume of 857,146. The stock has a fifty day moving average of $59.61 and a two-hundred day moving average of $55.92. Schwab US Broad Market ETF has a 52 week low of $46.92 and a 52 week high of $61.18. The firm has a market capitalization of $26.83 billion, a PE ratio of 24.20 and a beta of 1.03.

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.