Belvedere Trading LLC Makes New $1.21 Million Investment in Schwab US Broad Market ETF $SCHB

Belvedere Trading LLC acquired a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 50,954 shares of the company’s stock, valued at approximately $1,214,000.

Several other institutional investors have also modified their holdings of SCHB. Foster Victor Wealth Advisors LLC lifted its stake in 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 worth $691,000 after purchasing an additional 426 shares during the last quarter. SteelPeak Wealth LLC grew its stake in shares of Schwab US Broad Market ETF by 2.0% during the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock valued at $521,000 after buying an additional 427 shares during the last quarter. Frazier Financial Advisors LLC raised 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 worth $66,000 after buying an additional 434 shares during the period. ACT Wealth Management LLC lifted 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 acquiring an additional 447 shares during the last quarter. Finally, AA Financial Advisors LLC boosted its holdings in 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 valued at $338,000 after acquiring an additional 452 shares during the period.

Schwab US Broad Market ETF Stock Up 0.8%

Shares of Schwab US Broad Market ETF stock opened at $26.13 on Monday. The stock’s fifty day moving average is $25.41 and its two-hundred day moving average is $23.82. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.20. The company has a market capitalization of $38.02 billion, a PE ratio of 25.08 and a beta of 1.03.

Schwab US Broad Market ETF 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.