Schwab US Broad Market ETF $SCHB Shares Acquired by Joule Financial LLC

Joule Financial LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 338.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 189,787 shares of the company’s stock after buying an additional 146,542 shares during the quarter. Schwab US Broad Market ETF comprises about 1.5% of Joule Financial LLC’s holdings, making the stock its 13th largest position. Joule Financial LLC’s holdings in Schwab US Broad Market ETF were worth $4,523,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Three Bridge Wealth Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 117.5% in the 2nd quarter. Three Bridge Wealth Advisors LLC now owns 24,052 shares of the company’s stock valued at $573,000 after purchasing an additional 12,996 shares during the last quarter. Hubbell Strickland Wealth Management LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter worth $221,000. Merit Financial Group LLC grew its stake in shares of Schwab US Broad Market ETF by 52.1% during the 2nd quarter. Merit Financial Group LLC now owns 165,921 shares of the company’s stock worth $3,954,000 after purchasing an additional 56,857 shares during the period. Carolina Wealth Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 8.0% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 13,303 shares of the company’s stock valued at $317,000 after purchasing an additional 991 shares in the last quarter. Finally, BridgePort Financial Solutions LLC acquired a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at about $220,000.

Schwab US Broad Market ETF Trading Up 0.0%

SCHB stock opened at $25.84 on Monday. The company’s 50-day moving average price is $25.03 and its 200 day moving average price is $23.32. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $25.99. The company has a market cap of $37.54 billion, a P/E ratio of 25.08 and a beta of 1.03.

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.