Sawgrass Asset Management LLC Has $3.48 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Sawgrass Asset Management LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 102.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 153,201 shares of the company’s stock after buying an additional 77,484 shares during the period. Sawgrass Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning lifted its position in shares of Schwab US Broad Market ETF by 0.7% during the third quarter. Creative Planning now owns 684,684 shares of the company’s stock worth $45,545,000 after purchasing an additional 4,734 shares in the last quarter. PFG Advisors lifted its position in shares of Schwab US Broad Market ETF by 0.8% during the third quarter. PFG Advisors now owns 84,751 shares of the company’s stock worth $5,638,000 after purchasing an additional 710 shares in the last quarter. Jamison Private Wealth Management Inc. lifted its position in shares of Schwab US Broad Market ETF by 30.3% during the third quarter. Jamison Private Wealth Management Inc. now owns 5,988 shares of the company’s stock worth $398,000 after purchasing an additional 1,391 shares in the last quarter. SeaCrest Wealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 3.7% during the third quarter. SeaCrest Wealth Management LLC now owns 82,873 shares of the company’s stock worth $5,513,000 after purchasing an additional 2,937 shares in the last quarter. Finally, Transform Wealth LLC raised its stake in shares of Schwab US Broad Market ETF by 5.1% during the third quarter. Transform Wealth LLC now owns 227,681 shares of the company’s stock worth $15,145,000 after buying an additional 11,053 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $23.39 on Thursday. The company has a market cap of $10.75 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm has a 50 day simple moving average of $23.20 and a 200 day simple moving average of $22.44. Schwab US Broad Market ETF has a fifty-two week low of $19.04 and a fifty-two week high of $23.73.

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.