Cypress Wealth Services LLC Buys Shares of 11,175 Schwab US Broad Market ETF $SCHB

Cypress Wealth Services LLC purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,175 shares of the company’s stock, valued at approximately $266,000.

Several other hedge funds have also recently modified their holdings of SCHB. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF during the first quarter worth $25,000. Christopher J. Hasenberg Inc lifted its holdings in shares of Schwab US Broad Market ETF by 310.6% during the second 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 acquired a new stake in shares of Schwab US Broad Market ETF during the first quarter worth $30,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at approximately $32,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at approximately $49,000.

Schwab US Broad Market ETF Price Performance

SCHB opened at $25.58 on Wednesday. The business has a 50 day simple moving average of $25.22 and a 200-day simple moving average of $23.50. The stock has a market capitalization of $37.18 billion, a P/E ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.01.

About Schwab US Broad Market ETF

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.