Brooklyn FI LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Brooklyn FI LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 18.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,702 shares of the company’s stock after acquiring an additional 18,875 shares during the quarter. Schwab US Broad Market ETF makes up about 3.0% of Brooklyn FI LLC’s holdings, making the stock its 11th biggest holding. Brooklyn FI LLC’s holdings in Schwab US Broad Market ETF were worth $7,714,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHB. Altus Wealth Management LLC raised its stake in Schwab US Broad Market ETF by 1.6% during the 2nd quarter. Altus Wealth Management LLC now owns 9,988 shares of the company’s stock worth $628,000 after acquiring an additional 158 shares in the last quarter. Kiley Juergens Wealth Management LLC increased its position in shares of Schwab US Broad Market ETF by 0.3% during the second quarter. Kiley Juergens Wealth Management LLC now owns 59,475 shares of the company’s stock worth $3,739,000 after purchasing an additional 163 shares in the last quarter. Larson Financial Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 3.7% in the 1st quarter. Larson Financial Group LLC now owns 4,776 shares of the company’s stock valued at $292,000 after purchasing an additional 170 shares during the last quarter. Valeo Financial Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 4.1% in the 1st quarter. Valeo Financial Advisors LLC now owns 4,708 shares of the company’s stock valued at $277,000 after purchasing an additional 185 shares during the period. Finally, Builder Investment Group Inc. ADV boosted its position in shares of Schwab US Broad Market ETF by 2.0% in the 2nd quarter. Builder Investment Group Inc. ADV now owns 9,317 shares of the company’s stock valued at $586,000 after purchasing an additional 186 shares during the period.

Schwab US Broad Market ETF Stock Down 1.7 %

SCHB opened at $62.54 on Monday. The firm has a market cap of $28.75 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business’s 50 day moving average is $63.64 and its two-hundred day moving average is $61.65. Schwab US Broad Market ETF has a 52 week low of $47.46 and a 52 week high of $65.57.

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.