Rebalance LLC Has $392.49 Million Holdings in Schwab US Broad Market ETF $SCHB

Rebalance LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,963,211 shares of the company’s stock after purchasing an additional 483,144 shares during the quarter. Schwab US Broad Market ETF comprises approximately 22.9% of Rebalance LLC’s holdings, making the stock its largest holding. Rebalance LLC owned 1.03% of Schwab US Broad Market ETF worth $392,485,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHB. Brighton Jones LLC lifted its stake in Schwab US Broad Market ETF by 1,209.6% in the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after buying an additional 211,168 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Schwab US Broad Market ETF by 197.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after buying an additional 14,279 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Schwab US Broad Market ETF by 50.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after buying an additional 518,984 shares during the period. Schnieders Capital Management LLC. bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter valued at about $218,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Schwab US Broad Market ETF by 2.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,122,755 shares of the company’s stock valued at $26,755,000 after acquiring an additional 25,441 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $24.39 on Tuesday. The firm’s 50 day simple moving average is $26.17 and its 200 day simple moving average is $26.10. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.94. The company has a market capitalization of $35.54 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.