Luminvest Wealth Management LLC Takes Position in Schwab US Broad Market ETF $SCHB

Luminvest Wealth Management LLC acquired a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 80,995 shares of the company’s stock, valued at approximately $1,930,000. Schwab US Broad Market ETF accounts for about 0.7% of Luminvest Wealth Management LLC’s holdings, making the stock its 15th biggest holding.

A number of other hedge funds have also recently made changes to their positions in the stock. Rebalance LLC grew its position in Schwab US Broad Market ETF by 10.1% during the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after purchasing an additional 1,209,350 shares during the period. SCS Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 16.6% in the first quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after purchasing an additional 1,697,159 shares in the last quarter. Hengehold Capital Management LLC raised its stake in Schwab US Broad Market ETF by 0.8% in the first quarter. Hengehold Capital Management LLC now owns 9,013,141 shares of the company’s stock valued at $194,053,000 after buying an additional 70,735 shares in the last quarter. Strid Group LLC increased its position in shares of Schwab US Broad Market ETF by 1.0% during the first quarter. Strid Group LLC now owns 8,614,302 shares of the company’s stock worth $185,466,000 after purchasing an additional 84,076 shares in the last quarter. Finally, Bouchey Financial Group Ltd grew its position in Schwab US Broad Market ETF by 0.9% in the 1st quarter. Bouchey Financial Group Ltd now owns 8,238,465 shares of the company’s stock valued at $177,374,000 after buying an additional 72,697 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.7%

NYSEARCA:SCHB opened at $25.56 on Friday. The company has a market capitalization of $36.95 billion, a PE ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $25.88. The stock has a fifty day simple moving average of $24.90 and a 200-day simple moving average of $23.17.

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.