Brand Asset Management Group Inc. Makes New Investment in Schwab US Broad Market ETF $SCHB

Brand Asset Management Group Inc. purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 8,976 shares of the company’s stock, valued at approximately $214,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Schwab US Broad Market ETF by 9.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,095,500 shares of the company’s stock worth $45,116,000 after purchasing an additional 178,997 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of Schwab US Broad Market ETF by 5.3% during the 1st quarter. Stratos Wealth Partners LTD. now owns 24,351 shares of the company’s stock worth $524,000 after purchasing an additional 1,220 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Schwab US Broad Market ETF by 222.2% during the 4th quarter. Ameriprise Financial Inc. now owns 443,973 shares of the company’s stock worth $10,078,000 after purchasing an additional 306,174 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Schwab US Broad Market ETF by 2,053.0% during the 1st quarter. GAMMA Investing LLC now owns 31,132 shares of the company’s stock worth $670,000 after purchasing an additional 29,686 shares in the last quarter. Finally, Park Avenue Securities LLC grew its holdings in shares of Schwab US Broad Market ETF by 3.4% during the 1st quarter. Park Avenue Securities LLC now owns 37,673 shares of the company’s stock worth $811,000 after purchasing an additional 1,249 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.4%

Shares of NYSEARCA:SCHB opened at $25.52 on Tuesday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $25.55. The firm has a market capitalization of $36.90 billion, a PE ratio of 25.08 and a beta of 1.03. The business’s 50 day moving average is $24.63 and its 200-day moving average is $22.95.

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.