Park Avenue Securities LLC Boosts Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Park Avenue Securities LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,673 shares of the company’s stock after buying an additional 1,249 shares during the period. Park Avenue Securities LLC’s holdings in Schwab US Broad Market ETF were worth $811,000 as of its most recent SEC filing.

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

Schwab US Broad Market ETF Trading Down 1.2%

Schwab US Broad Market ETF stock opened at $23.01 on Friday. The business’s fifty day simple moving average is $21.85 and its two-hundred day simple moving average is $22.44. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $23.77. The company has a market capitalization of $33.13 billion, a price-to-earnings ratio of 23.87 and a beta of 1.03.

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.