Vestmark Advisory Solutions Inc. Purchases New Position in Schwab US Broad Market ETF $SCHB

Vestmark Advisory Solutions Inc. bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 43,114 shares of the company’s stock, valued at approximately $1,108,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gallagher Fiduciary Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 2,295.8% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after acquiring an additional 62,061,116 shares in the last quarter. Rebalance LLC raised its holdings in shares of Schwab US Broad Market ETF by 10.0% in the third quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock valued at $372,283,000 after buying an additional 1,320,879 shares during the last quarter. SCS Capital Management LLC lifted its position in Schwab US Broad Market ETF by 2.7% during the 2nd quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after buying an additional 322,220 shares in the last quarter. Strid Group LLC grew its holdings in Schwab US Broad Market ETF by 0.7% during the 3rd quarter. Strid Group LLC now owns 8,716,201 shares of the company’s stock worth $224,094,000 after acquiring an additional 57,964 shares during the last quarter. Finally, Bouchey Financial Group Ltd raised its stake in shares of Schwab US Broad Market ETF by 0.5% in the second quarter. Bouchey Financial Group Ltd now owns 8,275,927 shares of the company’s stock worth $197,215,000 after acquiring an additional 37,462 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $26.74 on Thursday. The company has a market cap of $38.96 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.94. The stock’s fifty day moving average price is $26.55 and its two-hundred day moving average price is $25.96.

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.