GWN Securities Inc. Increases Stake in Schwab US Broad Market ETF $SCHB

GWN Securities Inc. lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 45.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,980 shares of the company’s stock after purchasing an additional 8,792 shares during the quarter. GWN Securities Inc.’s holdings in Schwab US Broad Market ETF were worth $667,000 at the end of the most recent quarter.

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

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $26.46 on Wednesday. The firm has a fifty day moving average price of $25.48 and a 200 day moving average price of $23.90. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.54. The firm has a market cap of $38.50 billion, a PE 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.