Schwab US Broad Market ETF $SCHB is Members Advisory Group LLC’s Largest Position

Members Advisory Group LLC increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,770,217 shares of the company’s stock after purchasing an additional 93,862 shares during the period. Schwab US Broad Market ETF makes up about 15.9% of Members Advisory Group LLC’s investment portfolio, making the stock its largest position. Members Advisory Group LLC’s holdings in Schwab US Broad Market ETF were worth $42,184,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SCHB. Foster Victor Wealth Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock worth $691,000 after buying an additional 426 shares during the last quarter. SteelPeak Wealth LLC grew its position in Schwab US Broad Market ETF by 2.0% in the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock worth $521,000 after acquiring an additional 427 shares in the last quarter. Frazier Financial Advisors LLC increased its stake in Schwab US Broad Market ETF by 18.7% during the second quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock worth $66,000 after acquiring an additional 434 shares during the last quarter. ACT Wealth Management LLC increased its stake in Schwab US Broad Market ETF by 4.2% during the second quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock worth $267,000 after acquiring an additional 447 shares during the last quarter. Finally, AA Financial Advisors LLC raised its position in Schwab US Broad Market ETF by 3.3% during the second quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock valued at $338,000 after purchasing an additional 452 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $25.63 on Monday. The stock has a market cap of $37.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The stock has a 50 day moving average price of $25.29 and a 200-day moving average price of $23.60. Schwab US Broad Market ETF has a one year low of $18.52 and a one year 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.