Summit Place Financial Advisors LLC Acquires 600 Shares of Schwab US Broad Market ETF $SCHB

Summit Place Financial Advisors LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 40,364 shares of the company’s stock after buying an additional 600 shares during the period. Summit Place Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $962,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth about $25,000. Christopher J. Hasenberg Inc boosted its stake in shares of Schwab US Broad Market ETF by 310.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock worth $26,000 after purchasing an additional 820 shares during the period. Wealth Preservation Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth about $30,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth about $32,000. Finally, Brooklyn Investment Group purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth about $49,000.

Schwab US Broad Market ETF Trading Down 2.7%

SCHB stock opened at $25.20 on Friday. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.01. The company has a 50-day moving average price of $25.17 and a 200 day moving average price of $23.43. The stock has a market cap of $36.63 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.