NewEdge Advisors LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 12.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 526,748 shares of the company’s stock after acquiring an additional 56,481 shares during the period. NewEdge Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $15,255,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. NWK Group Inc. lifted its stake in shares of Schwab US Broad Market ETF by 23.0% during the 1st quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock worth $48,000 after purchasing an additional 355 shares during the period. Greenleaf Trust grew its position in shares of Schwab US Broad Market ETF by 0.9% in the second quarter. Greenleaf Trust now owns 40,725 shares of the company’s stock valued at $1,179,000 after purchasing an additional 375 shares during the period. NerdWallet Wealth Partners LLC increased its stake in Schwab US Broad Market ETF by 4.5% in the first quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock valued at $226,000 after purchasing an additional 385 shares during the last quarter. GeoWealth Management LLC increased its stake in Schwab US Broad Market ETF by 0.4% in the third quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock valued at $2,572,000 after purchasing an additional 388 shares during the last quarter. Finally, Wealthgarden F.S. LLC lifted its position in Schwab US Broad Market ETF by 1.2% during the first quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after buying an additional 395 shares during the period.
Schwab US Broad Market ETF Trading Up 0.8%
Shares of NYSEARCA:SCHB opened at $29.47 on Friday. The stock’s 50-day moving average price is $29.34 and its two-hundred day moving average price is $28.06. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.15. The firm has a market cap of $44.21 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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