Evolution Advisers Inc. Has $83,000 Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Evolution Advisers Inc. grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 17.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,329 shares of the company’s stock after purchasing an additional 195 shares during the quarter. Evolution Advisers Inc.’s holdings in Schwab US Broad Market ETF were worth $83,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHB. Bruce G. Allen Investments LLC acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter valued at $29,000. GAMMA Investing LLC bought a new position in Schwab US Broad Market ETF in the 2nd quarter worth about $30,000. Johnson Financial Group Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 76.3% during the 4th quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after acquiring an additional 319 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in Schwab US Broad Market ETF in the fourth quarter worth approximately $43,000. Finally, Principal Securities Inc. purchased a new stake in Schwab US Broad Market ETF during the 4th quarter valued at about $46,000.

Schwab US Broad Market ETF Price Performance

SCHB traded down $0.38 during midday trading on Wednesday, reaching $64.70. 518,771 shares of the company’s stock traded hands, compared to its average volume of 786,985. The stock has a market capitalization of $29.74 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm has a fifty day moving average of $63.48 and a two-hundred day moving average of $61.33. Schwab US Broad Market ETF has a 52 week low of $47.46 and a 52 week high of $65.57.

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.