Belpointe Asset Management LLC Boosts Holdings in Schwab US Broad Market ETF $SCHB

Belpointe Asset Management LLC grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 14.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,661 shares of the company’s stock after purchasing an additional 8,718 shares during the period. Belpointe Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,636,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Schwab US Broad Market ETF by 9.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,095,500 shares of the company’s stock worth $45,116,000 after buying an additional 178,997 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of Schwab US Broad Market ETF by 5.3% in the 1st quarter. Stratos Wealth Partners LTD. now owns 24,351 shares of the company’s stock worth $524,000 after acquiring an additional 1,220 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Schwab US Broad Market ETF by 2,053.0% in the 1st quarter. GAMMA Investing LLC now owns 31,132 shares of the company’s stock valued at $670,000 after purchasing an additional 29,686 shares during the period. Park Avenue Securities LLC lifted its stake in shares of Schwab US Broad Market ETF by 3.4% in the 1st quarter. Park Avenue Securities LLC now owns 37,673 shares of the company’s stock valued at $811,000 after purchasing an additional 1,249 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Schwab US Broad Market ETF by 4.9% during the first quarter. Cetera Investment Advisers now owns 587,930 shares of the company’s stock valued at $12,658,000 after purchasing an additional 27,325 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.3%

SCHB opened at $25.93 on Tuesday. The stock has a fifty day simple moving average of $25.06 and a two-hundred day simple moving average of $23.35. The company has a market cap of $37.67 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $25.99.

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.