Schwab US Broad Market ETF $SCHB Shares Bought by Valley National Advisers Inc.

Valley National Advisers Inc. boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,111,401 shares of the company’s stock after buying an additional 7,579 shares during the period. Schwab US Broad Market ETF makes up 4.3% of Valley National Advisers Inc.’s portfolio, making the stock its 2nd largest holding. Valley National Advisers Inc. owned 0.08% of Schwab US Broad Market ETF worth $26,484,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in SCHB. Rebalance LLC grew its holdings in Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock valued at $313,583,000 after buying an additional 1,209,350 shares in the last quarter. SCS Capital Management LLC boosted its position 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 acquiring an additional 1,697,159 shares during the period. Hengehold Capital Management LLC grew its stake in shares of 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 acquiring an additional 70,735 shares in the last quarter. Strid Group LLC increased its position in Schwab US Broad Market ETF by 0.5% during the second quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock worth $206,322,000 after acquiring an additional 43,935 shares during the period. Finally, Bouchey Financial Group Ltd raised its stake 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 worth $177,374,000 after purchasing an additional 72,697 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.0%

NYSEARCA SCHB opened at $25.84 on Monday. The firm has a 50-day moving average price of $25.03 and a two-hundred day moving average price of $23.32. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $25.99. The company has a market capitalization of $37.54 billion, a P/E ratio of 25.08 and a beta of 1.03.

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.