Evolution Advisers Inc. Buys 3,310 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Evolution Advisers Inc. boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 218.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,828 shares of the company’s stock after purchasing an additional 3,310 shares during the quarter. Evolution Advisers Inc.’s holdings in Schwab US Broad Market ETF were worth $109,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Diversified Portfolios Inc. raised its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Diversified Portfolios Inc. now owns 214,110 shares of the company’s stock worth $4,860,000 after acquiring an additional 142,740 shares during the period. Keener Financial Planning LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Keener Financial Planning LLC now owns 21,006 shares of the company’s stock valued at $476,000 after buying an additional 14,004 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.9% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 49,658 shares of the company’s stock valued at $1,127,000 after buying an additional 33,154 shares in the last quarter. Great Lakes Retirement Inc. lifted its stake in shares of Schwab US Broad Market ETF by 196.1% during the 4th quarter. Great Lakes Retirement Inc. now owns 887,907 shares of the company’s stock valued at $20,155,000 after buying an additional 588,044 shares in the last quarter. Finally, Alaska Wealth Advisors lifted its stake in Schwab US Broad Market ETF by 189.9% in the 4th quarter. Alaska Wealth Advisors now owns 21,501 shares of the company’s stock worth $488,000 after purchasing an additional 14,084 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $23.47 on Wednesday. The stock has a market cap of $10.79 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $19.04 and a 52 week high of $23.73. The company’s fifty day simple moving average is $23.20 and its two-hundred day simple moving average is $22.42.

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.