Smithbridge Asset Management Inc. DE Invests $841,000 in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Smithbridge Asset Management Inc. DE bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 39,061 shares of the company’s stock, valued at approximately $841,000.

Other institutional investors also recently modified their holdings of the company. Brooklyn FI LLC grew its position in shares of Schwab US Broad Market ETF by 17,756.0% in the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after purchasing an additional 23,025,564 shares during the period. Betterment LLC grew its position in shares of Schwab US Broad Market ETF by 193.5% in the 4th quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock valued at $403,461,000 after purchasing an additional 11,718,291 shares during the period. Rebalance LLC grew its position in shares of Schwab US Broad Market ETF by 199.9% in the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after purchasing an additional 7,646,591 shares during the period. SCS Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 170.1% in the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock valued at $231,631,000 after purchasing an additional 6,426,551 shares during the period. Finally, Evensky & Katz LLC grew its position in shares of Schwab US Broad Market ETF by 187.7% in the 4th quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock valued at $211,680,000 after purchasing an additional 6,084,141 shares during the period.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $23.28 on Friday. The stock has a market capitalization of $33.52 billion, a price-to-earnings ratio of 23.87 and a beta of 1.03. The stock’s 50 day moving average price is $21.78 and its two-hundred day moving average price is $22.44. Schwab US Broad Market ETF has a 52 week low of $18.53 and a 52 week high of $23.77.

Schwab US Broad Market ETF Company 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.