ZWJ Investment Counsel Inc. Has $2.86 Million Position in Schwab US Broad Market ETF $SCHB

ZWJ Investment Counsel Inc. reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,033 shares of the company’s stock after selling 4,585 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in Schwab US Broad Market ETF were worth $2,860,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SCHB. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $161,574,000. Kestra Advisory Services LLC lifted its stake in Schwab US Broad Market ETF by 1,807.0% in the first quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock valued at $47,421,000 after buying an additional 1,903,192 shares in the last quarter. Capital Management Associates Inc boosted its holdings in shares of Schwab US Broad Market ETF by 107.6% in the first quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock valued at $75,942,000 after buying an additional 1,828,084 shares during the period. SCS Capital Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 16.6% in the first quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after buying an additional 1,697,159 shares during the period. Finally, Rebalance LLC boosted its holdings in shares of Schwab US Broad Market ETF by 10.1% in the second quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock valued at $313,583,000 after buying an additional 1,209,350 shares during the period.

Schwab US Broad Market ETF Stock Up 0.0%

Schwab US Broad Market ETF stock opened at $25.84 on Friday. The stock has a market capitalization of $37.54 billion, a PE ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $25.99. The company has a 50 day moving average of $25.03 and a 200-day moving average of $23.30.

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.