Gallagher Fiduciary Advisors LLC Increases Stake in Schwab US Broad Market ETF $SCHB

Gallagher Fiduciary Advisors LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2,295.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,764,324 shares of the company’s stock after buying an additional 62,061,116 shares during the quarter. Schwab US Broad Market ETF accounts for about 2.2% of Gallagher Fiduciary Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Gallagher Fiduciary Advisors LLC owned about 4.48% of Schwab US Broad Market ETF worth $1,543,334,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Brighton Jones LLC boosted its stake in Schwab US Broad Market ETF by 1,209.6% in the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Schwab US Broad Market ETF by 5.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,282,278 shares of the company’s stock worth $27,607,000 after buying an additional 67,867 shares during the period. Kovitz Investment Group Partners LLC grew its holdings in shares of Schwab US Broad Market ETF by 76.9% during the first quarter. Kovitz Investment Group Partners LLC now owns 308,543 shares of the company’s stock worth $6,643,000 after buying an additional 134,130 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in Schwab US Broad Market ETF in the 1st quarter valued at approximately $241,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $26.21 on Friday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.57. The stock’s 50 day moving average price is $25.98 and its two-hundred day moving average price is $24.92. The stock has a market capitalization of $38.13 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.