Stonekeep Investments LLC Has $27.37 Million Stock Position in Schwab US Broad Market ETF $SCHB

Stonekeep Investments LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 945,015 shares of the company’s stock after purchasing an additional 29,705 shares during the period. Schwab US Broad Market ETF makes up 15.9% of Stonekeep Investments LLC’s portfolio, making the stock its biggest holding. Stonekeep Investments LLC’s holdings in Schwab US Broad Market ETF were worth $27,368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. NWK Group Inc. boosted its position in shares of Schwab US Broad Market ETF by 23.0% in the first quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock valued at $48,000 after acquiring an additional 355 shares during the period. NerdWallet Wealth Partners LLC increased its position in Schwab US Broad Market ETF by 4.5% during the first quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock worth $226,000 after acquiring an additional 385 shares during the period. GeoWealth Management LLC raised its stake in Schwab US Broad Market ETF by 0.4% in the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after purchasing an additional 388 shares in the last quarter. Wealthgarden F.S. LLC raised its stake in Schwab US Broad Market ETF by 1.2% in the 1st quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after purchasing an additional 395 shares in the last quarter. Finally, Vigilare Wealth Management raised its stake in Schwab US Broad Market ETF by 3.9% in the 2nd quarter. Vigilare Wealth Management now owns 11,130 shares of the company’s stock worth $322,000 after purchasing an additional 414 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.3%

NYSEARCA SCHB opened at $29.79 on Wednesday. The firm has a 50-day moving average price of $28.91 and a two-hundred day moving average price of $27.57. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.01. The company has a market capitalization of $44.69 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.