Carnegie Investment Counsel Raises Holdings in Schwab US Broad Market ETF $SCHB

Carnegie Investment Counsel increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 24.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,150 shares of the company’s stock after purchasing an additional 9,146 shares during the quarter. Carnegie Investment Counsel’s holdings in Schwab US Broad Market ETF were worth $1,124,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in SCHB. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Schwab US Broad Market ETF during the second quarter worth approximately $161,574,000. Kestra Advisory Services LLC increased its position in shares of Schwab US Broad Market ETF by 1,807.0% during the first quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock worth $47,421,000 after purchasing an additional 1,903,192 shares in the last quarter. Capital Management Associates Inc increased its position in shares of Schwab US Broad Market ETF by 107.6% during the first quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock worth $75,942,000 after purchasing an additional 1,828,084 shares in the last quarter. SCS Capital Management LLC increased its position in shares of Schwab US Broad Market ETF by 16.6% during the first quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after purchasing an additional 1,697,159 shares in the last quarter. Finally, Rebalance LLC increased its position in shares of Schwab US Broad Market ETF by 10.1% during the second quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after purchasing an additional 1,209,350 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $26.13 on Friday. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $26.20. The stock has a market capitalization of $38.02 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 $25.41 and a 200 day moving average price of $23.80.

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.