Crewe Advisors LLC Purchases 8,721 Shares of Schwab US Broad Market ETF $SCHB

Crewe Advisors LLC raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 33.7% in the second quarter, Holdings Channel reports. The firm owned 34,599 shares of the company’s stock after acquiring an additional 8,721 shares during the quarter. Crewe Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $825,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Rebalance LLC increased its stake in Schwab US Broad Market ETF by 10.1% during the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock valued at $313,583,000 after purchasing an additional 1,209,350 shares in the last quarter. SCS Capital Management LLC increased its stake in Schwab US Broad Market ETF by 16.6% during the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after purchasing an additional 1,697,159 shares in the last quarter. Strid Group LLC increased its stake in Schwab US Broad Market ETF by 0.5% during the 2nd quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock valued at $206,322,000 after purchasing an additional 43,935 shares in the last quarter. Bouchey Financial Group Ltd increased its stake in Schwab US Broad Market ETF by 0.9% during the 1st quarter. Bouchey Financial Group Ltd now owns 8,238,465 shares of the company’s stock valued at $177,374,000 after purchasing an additional 72,697 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new stake in Schwab US Broad Market ETF during the 2nd quarter valued at about $161,574,000.

Schwab US Broad Market ETF Stock Up 0.5%

Shares of NYSEARCA SCHB opened at $25.63 on Monday. The firm’s 50-day moving average price is $25.29 and its 200-day moving average price is $23.60. The company has a market cap of $37.25 billion, a PE ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.01.

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.