Schwab US Broad Market ETF (NYSEARCA:SCHB) is Myecfo LLC’s Largest Position

Myecfo LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 753,025 shares of the company’s stock after acquiring an additional 32,410 shares during the period. Schwab US Broad Market ETF accounts for 27.0% of Myecfo LLC’s holdings, making the stock its biggest position. Myecfo LLC owned 0.16% of Schwab US Broad Market ETF worth $45,972,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Morningstar Investment Services LLC grew its position in Schwab US Broad Market ETF by 114.4% during the 4th quarter. Morningstar Investment Services LLC now owns 1,425,586 shares of the company’s stock worth $79,705,000 after purchasing an additional 760,762 shares during the last quarter. Compass Advisory Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 384.5% during the fourth quarter. Compass Advisory Group LLC now owns 730,442 shares of the company’s stock valued at $40,664,000 after buying an additional 579,689 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at $22,828,000. Goldman Sachs Group Inc. raised its stake in Schwab US Broad Market ETF by 239.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock worth $31,693,000 after acquiring an additional 401,485 shares during the last quarter. Finally, Robinson Smith Wealth Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the 4th quarter valued at about $16,490,000.

Schwab US Broad Market ETF Stock Up 0.7 %

Shares of SCHB traded up $0.41 during mid-day trading on Tuesday, reaching $63.37. The company had a trading volume of 585,199 shares, compared to its average volume of 808,886. The stock has a 50 day moving average of $61.39 and a two-hundred day moving average of $59.20. The stock has a market capitalization of $29.13 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $47.46 and a 52-week high of $63.52.

About Schwab US Broad Market ETF

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.