Caliber Wealth Management LLC KS Buys Shares of 8,575 Schwab US Broad Market ETF $SCHB

Caliber Wealth Management LLC KS bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the second quarter, Holdings Channel.com reports. The fund bought 8,575 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Foster Victor Wealth Advisors LLC grew its holdings in Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock valued at $691,000 after buying an additional 426 shares during the last quarter. SteelPeak Wealth LLC grew its holdings in Schwab US Broad Market ETF by 2.0% in the 2nd quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock valued at $521,000 after buying an additional 427 shares during the last quarter. Frazier Financial Advisors LLC grew its holdings in Schwab US Broad Market ETF by 18.7% in the 2nd quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock valued at $66,000 after buying an additional 434 shares during the last quarter. ACT Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 4.2% in the 2nd quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock valued at $267,000 after buying an additional 447 shares during the last quarter. Finally, AA Financial Advisors LLC grew its holdings in Schwab US Broad Market ETF by 3.3% in the 2nd quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock valued at $338,000 after buying an additional 452 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.7%

SCHB opened at $25.74 on Thursday. The firm has a market capitalization of $37.41 billion, a P/E ratio of 25.08 and a beta of 1.03. The stock’s 50 day moving average price is $25.36 and its two-hundred day moving average price is $23.67. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.01.

Schwab US Broad Market ETF 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.