Schwab US Broad Market ETF (SCHB) Shares Bought by Wells Fargo & Company MN

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Wells Fargo & Company MN boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 438,158 shares of the company’s stock after buying an additional 3,937 shares during the quarter. Wells Fargo & Company MN owned approximately 0.23% of Schwab US Broad Market ETF worth $28,913,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Sandy Spring Bank lifted its stake in shares of Schwab US Broad Market ETF by 115.4% in the first quarter. Sandy Spring Bank now owns 1,719 shares of the company’s stock worth $110,000 after acquiring an additional 921 shares during the period. Blackhawk Capital Partners LLC. increased its holdings in Schwab US Broad Market ETF by 161.8% in the first quarter. Blackhawk Capital Partners LLC. now owns 1,893 shares of the company’s stock worth $121,000 after purchasing an additional 1,170 shares in the last quarter. Efficient Advisors LLC bought a new stake in Schwab US Broad Market ETF in the first quarter worth approximately $137,000. Tortoise Investment Management LLC increased its holdings in Schwab US Broad Market ETF by 99.5% in the first quarter. Tortoise Investment Management LLC now owns 2,205 shares of the company’s stock worth $141,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Signaturefd LLC bought a new stake in Schwab US Broad Market ETF in the first quarter worth approximately $154,000.

Shares of NYSEARCA SCHB traded up $0.05 during midday trading on Friday, hitting $70.63. 569,329 shares of the stock traded hands, compared to its average volume of 735,565. Schwab US Broad Market ETF has a one year low of $60.06 and a one year high of $70.86.

Schwab US Broad Market ETF Company 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.

Further Reading: Investing in Dividend Stocks

Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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