Quantinno Capital Management LP Has $69.86 Million Stake in Schwab US Broad Market ETF $SCHB

Quantinno Capital Management LP boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 39.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,783,258 shares of the company’s stock after purchasing an additional 790,102 shares during the period. Quantinno Capital Management LP’s holdings in Schwab US Broad Market ETF were worth $69,860,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Evergreen Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $161,772,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Schwab US Broad Market ETF in the 4th quarter valued at about $77,479,000. Boulder Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at about $40,435,000. Appalachian Capital Management Ltd acquired a new stake in Schwab US Broad Market ETF in the 4th quarter valued at about $40,815,000. Finally, Focus Partners Wealth grew its holdings in Schwab US Broad Market ETF by 130.3% during the fourth quarter. Focus Partners Wealth now owns 2,626,053 shares of the company’s stock worth $68,881,000 after purchasing an additional 1,485,838 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $28.66 on Wednesday. The business has a fifty day simple moving average of $28.82 and a two-hundred day simple moving average of $27.38. Schwab US Broad Market ETF has a 1 year low of $23.85 and a 1 year high of $29.35. The company has a market capitalization of $42.93 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.