HHM Wealth Advisors LLC Grows Stock Position in Schwab US Broad Market ETF $SCHB

HHM Wealth Advisors LLC raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 31.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,468,240 shares of the company’s stock after purchasing an additional 1,304,073 shares during the quarter. Schwab US Broad Market ETF makes up about 15.5% of HHM Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. HHM Wealth Advisors LLC owned approximately 0.38% of Schwab US Broad Market ETF worth $130,308,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Nordwand Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at $243,000. WBI Investments LLC acquired a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at about $4,842,000. Mosaic Family Wealth Partners LLC bought a new position in shares of Schwab US Broad Market ETF in the second quarter worth about $235,000. Farrow Financial Inc. lifted its position in shares of Schwab US Broad Market ETF by 10.5% during the second quarter. Farrow Financial Inc. now owns 38,792 shares of the company’s stock worth $924,000 after purchasing an additional 3,678 shares in the last quarter. Finally, Foundation Wealth Management LLC PA lifted its position in shares of Schwab US Broad Market ETF by 116.2% during the second quarter. Foundation Wealth Management LLC PA now owns 30,144 shares of the company’s stock worth $718,000 after purchasing an additional 16,200 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $25.37 on Wednesday. The firm has a 50 day simple moving average of $25.81 and a 200 day simple moving average of $24.48. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.57. The firm has a market cap of $36.91 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.