Evolution Advisers Inc. Has $109,000 Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Evolution Advisers Inc. raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 218.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,828 shares of the company’s stock after purchasing an additional 3,310 shares during the period. Evolution Advisers Inc.’s holdings in Schwab US Broad Market ETF were worth $109,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SCHB. Jackson Grant Investment Advisers Inc. raised its holdings in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after purchasing an additional 834 shares during the period. Albion Financial Group UT raised its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after acquiring an additional 840 shares during the period. Global Financial Private Client LLC raised its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after acquiring an additional 888 shares during the period. GAMMA Investing LLC grew its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after purchasing an additional 964 shares in the last quarter. Finally, Capital Investment Advisory Services LLC grew its position in shares of Schwab US Broad Market ETF by 128.0% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock valued at $35,000 after purchasing an additional 854 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $23.47 on Wednesday. Schwab US Broad Market ETF has a 52-week low of $19.04 and a 52-week high of $23.73. The firm has a fifty day moving average of $23.20 and a 200 day moving average of $22.42. The firm has a market capitalization of $10.79 billion, a PE ratio of 25.24 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.