Arkadios Wealth Advisors lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 73.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,386 shares of the company’s stock after purchasing an additional 8,193 shares during the quarter. Arkadios Wealth Advisors’ holdings in Schwab US Broad Market ETF were worth $462,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Schwab US Broad Market ETF during the first quarter worth $25,000. Christopher J. Hasenberg Inc increased its position in Schwab US Broad Market ETF by 310.6% during the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock worth $26,000 after buying an additional 820 shares during the last quarter. Wealth Preservation Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $30,000. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $32,000. Finally, Brooklyn Investment Group acquired a new position in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $49,000.
Schwab US Broad Market ETF Stock Performance
Shares of NYSEARCA SCHB opened at $25.98 on Wednesday. The firm has a market cap of $37.80 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The business’s 50-day simple moving average is $25.63 and its 200-day simple moving average is $24.13. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.57.
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.
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