Sage Mountain Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 38.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 6,127 shares of the company’s stock after acquiring an additional 1,702 shares during the period. Sage Mountain Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $146,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Stratos Wealth Partners LTD. raised its holdings in shares of Schwab US Broad Market ETF by 5.3% during the 1st quarter. Stratos Wealth Partners LTD. now owns 24,351 shares of the company’s stock worth $524,000 after buying an additional 1,220 shares in the last quarter. Genesee Capital Advisors LLC increased its holdings in Schwab US Broad Market ETF by 1.6% in the 2nd quarter. Genesee Capital Advisors LLC now owns 1,514,413 shares of the company’s stock worth $36,088,000 after purchasing an additional 23,607 shares in the last quarter. Cetera Investment Advisers increased its holdings in Schwab US Broad Market ETF by 4.9% in the 1st quarter. Cetera Investment Advisers now owns 587,930 shares of the company’s stock worth $12,658,000 after purchasing an additional 27,325 shares in the last quarter. J Hagan Capital Inc. acquired a new position in Schwab US Broad Market ETF in the 1st quarter worth about $2,768,000. Finally, Aspen Capital Management LLC acquired a new position in Schwab US Broad Market ETF in the 1st quarter worth about $206,000.
Schwab US Broad Market ETF Stock Up 0.8%
Shares of SCHB opened at $26.13 on Monday. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.20. The business has a 50-day simple moving average of $25.41 and a two-hundred day simple moving average of $23.82. The stock has a market cap of $38.02 billion, a PE ratio of 25.08 and a beta of 1.03.
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.
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