Coordinated Financial Services Inc. bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,612 shares of the company’s stock, valued at approximately $205,000.
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 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. ACT Wealth Management LLC grew its holdings 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 in the last quarter. AA Financial Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF by 3.3% during the 2nd quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock worth $338,000 after purchasing an additional 452 shares in the last quarter. Finally, Builder Investment Group Inc. ADV grew its holdings in shares of Schwab US Broad Market ETF by 1.7% during the 2nd quarter. Builder Investment Group Inc. ADV now owns 30,131 shares of the company’s stock worth $718,000 after purchasing an additional 491 shares in the last quarter.
Schwab US Broad Market ETF Trading Down 2.7%
Shares of NYSEARCA:SCHB opened at $25.20 on Friday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.01. The firm has a market capitalization of $36.63 billion, a PE ratio of 25.08 and a beta of 1.03. The business’s 50 day moving average is $25.17 and its 200-day moving average is $23.43.
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.
See Also
- Five stocks we like better than Schwab US Broad Market ETF
- What is the Dow Jones Industrial Average (DJIA)?
- 3 Heavily Shorted Stocks That Could Pop on Rate Cuts
- How to Invest in Biotech Stocks
- Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
- Profitably Trade Stocks at 52-Week Highs
- PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can
Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report).
Receive News & Ratings for Schwab US Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.