Strategic Advisors LLC Buys 29,561 Shares of Schwab US Broad Market ETF $SCHB

Strategic Advisors LLC raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,133,900 shares of the company’s stock after acquiring an additional 29,561 shares during the period. Schwab US Broad Market ETF accounts for approximately 4.7% of Strategic Advisors LLC’s portfolio, making the stock its 4th largest position. Strategic Advisors LLC owned approximately 0.08% of Schwab US Broad Market ETF worth $29,153,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Pacific Financial acquired a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $51,000. Golden State Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 4,138.9% in the second quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after buying an additional 2,235 shares during the last quarter. Addison Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 319.1% in the second quarter. Addison Advisors LLC now owns 2,364 shares of the company’s stock valued at $56,000 after acquiring an additional 1,800 shares during the period. Frazier Financial Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 18.7% during the second quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock worth $66,000 after acquiring an additional 434 shares during the last quarter. Finally, Godsey & Gibb Inc. increased its holdings in shares of Schwab US Broad Market ETF by 37.7% in the 2nd quarter. Godsey & Gibb Inc. now owns 2,895 shares of the company’s stock valued at $69,000 after acquiring an additional 792 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $26.83 on Thursday. The company’s fifty day moving average is $26.38 and its two-hundred day moving average is $25.65. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.94. The company has a market capitalization of $39.10 billion, a P/E 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.