Foundations Investment Advisors LLC grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 12.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,183 shares of the company’s stock after buying an additional 2,330 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $505,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Foster Victor Wealth Advisors LLC grew its holdings in Schwab US Broad Market ETF by 1.5% during the second quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock worth $691,000 after acquiring an additional 426 shares during the period. SteelPeak Wealth LLC boosted its position in shares of Schwab US Broad Market ETF by 2.0% during the 2nd quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock worth $521,000 after purchasing an additional 427 shares in the last quarter. Frazier Financial Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 18.7% during the 2nd quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock worth $66,000 after purchasing an additional 434 shares during the period. ACT Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF by 4.2% during the 2nd quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock worth $267,000 after purchasing an additional 447 shares during the period. Finally, AA Financial Advisors LLC increased its holdings in shares of 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 purchasing an additional 452 shares in the last quarter.
Schwab US Broad Market ETF Stock Down 0.7%
Shares of NYSEARCA SCHB opened at $25.37 on Wednesday. The stock has a market capitalization of $36.91 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.57. The firm has a 50-day moving average price of $25.81 and a 200 day moving average price of $24.48.
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.
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