Davidson Kahn Capital Management LLC Has $13.02 Million Stock Position in Schwab US Broad Market ETF $SCHB

Davidson Kahn Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 496,485 shares of the company’s stock after purchasing an additional 37,340 shares during the period. Schwab US Broad Market ETF comprises 6.8% of Davidson Kahn Capital Management LLC’s holdings, making the stock its 4th largest position. Davidson Kahn Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $13,023,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. GeoWealth Management LLC increased its holdings in Schwab US Broad Market ETF by 0.4% during the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after purchasing an additional 388 shares in the last quarter. Occidental Asset Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 4.2% in the 4th quarter. Occidental Asset Management LLC now owns 9,880 shares of the company’s stock valued at $259,000 after acquiring an additional 400 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Schwab US Broad Market ETF by 1.9% in the 3rd quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock valued at $575,000 after acquiring an additional 414 shares in the last quarter. Summit Place Financial Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF by 1.1% in the 3rd quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock valued at $1,049,000 after acquiring an additional 425 shares in the last quarter. Finally, Triangle Securities Wealth Management grew its holdings in shares of Schwab US Broad Market ETF by 0.4% in the 3rd quarter. Triangle Securities Wealth Management now owns 117,174 shares of the company’s stock valued at $3,013,000 after acquiring an additional 431 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $27.23 on Wednesday. The stock has a market capitalization of $40.16 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The business has a 50-day moving average of $26.05 and a 200-day moving average of $26.17. Schwab US Broad Market ETF has a fifty-two week low of $19.98 and a fifty-two week high of $27.53.

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