Oarsman Capital Inc. Raises Stake in Schwab US Broad Market ETF $SCHB

Oarsman Capital Inc. lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,174 shares of the company’s stock after purchasing an additional 3,608 shares during the quarter. Oarsman Capital Inc.’s holdings in Schwab US Broad Market ETF were worth $981,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Rebalance LLC raised its position in Schwab US Broad Market ETF by 10.1% in 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 raised its position in Schwab US Broad Market ETF by 16.6% in 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 raised its position in Schwab US Broad Market ETF by 0.5% in 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 raised its position in Schwab US Broad Market ETF by 0.9% in 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 acquired a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at about $161,574,000.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $26.46 on Wednesday. The firm has a market capitalization of $38.50 billion, a P/E ratio of 25.08 and a beta of 1.02. The business’s 50-day moving average is $25.48 and its two-hundred day moving average is $23.90. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.54.

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.