Mosaic Family Wealth Partners LLC Takes Position in Schwab US Broad Market ETF $SCHB

Mosaic Family Wealth Partners LLC bought a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,872 shares of the company’s stock, valued at approximately $235,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Schwab US Broad Market ETF in the 1st quarter worth approximately $25,000. Christopher J. Hasenberg Inc lifted its stake in shares of Schwab US Broad Market ETF by 310.6% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after purchasing an additional 820 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the first quarter worth $30,000. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in Schwab US Broad Market ETF during the first quarter worth $32,000. Finally, Brooklyn Investment Group acquired a new stake in Schwab US Broad Market ETF during the first quarter valued at $49,000.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $25.56 on Tuesday. The company has a fifty day moving average of $25.80 and a two-hundred day moving average of $24.45. The stock has a market capitalization of $37.19 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two 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.