Foundation Wealth Management LLC PA Purchases 16,200 Shares of Schwab US Broad Market ETF $SCHB

Foundation Wealth Management LLC PA increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 116.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,144 shares of the company’s stock after purchasing an additional 16,200 shares during the quarter. Foundation Wealth Management LLC PA’s holdings in Schwab US Broad Market ETF were worth $718,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in SCHB. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Schwab US Broad Market ETF in the 1st quarter valued at about $25,000. Christopher J. Hasenberg Inc raised its stake in shares of 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 Schwab US Broad Market ETF in the first quarter valued at approximately $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in Schwab US Broad Market ETF in the first quarter valued at approximately $32,000. Finally, Brooklyn Investment Group acquired a new stake in Schwab US Broad Market ETF during the 1st quarter worth $49,000.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $25.82 on Friday. The firm has a fifty day moving average of $25.79 and a two-hundred day moving average of $24.40. The stock has a market capitalization of $37.57 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.57.

Schwab US Broad Market ETF 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.