Schwab US Broad Market ETF $SCHB Position Raised by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,537,451 shares of the company’s stock after purchasing an additional 49,743 shares during the quarter. Schwab US Broad Market ETF comprises approximately 4.6% of Winthrop Advisory Group LLC’s portfolio, making the stock its 6th biggest position. Winthrop Advisory Group LLC owned approximately 0.17% of Schwab US Broad Market ETF worth $74,373,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Hengehold Capital Management LLC purchased a new position in Schwab US Broad Market ETF in the third quarter valued at approximately $222,931,000. Hanson & Doremus Investment Management raised its holdings in Schwab US Broad Market ETF by 1.3% during the third quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock worth $208,986,000 after purchasing an additional 94,860 shares in the last quarter. Evergreen Advisors LLC raised its holdings in Schwab US Broad Market ETF by 1.8% during the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after purchasing an additional 112,717 shares in the last quarter. Forvis Mazars Wealth Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $175,355,000. Finally, Morton Brown Family Wealth LLC lifted its position in shares of Schwab US Broad Market ETF by 4.4% during the 1st quarter. Morton Brown Family Wealth LLC now owns 4,017,868 shares of the company’s stock worth $100,848,000 after buying an additional 170,427 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.5%

Shares of NYSEARCA SCHB traded down $0.14 during mid-day trading on Friday, reaching $29.19. The company had a trading volume of 17,680,077 shares, compared to its average volume of 9,456,812. The firm has a 50 day simple moving average of $29.57 and a two-hundred day simple moving average of $28.86. The stock has a market cap of $44.35 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.15.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.