Pure Financial Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 0.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 76,072 shares of the company’s stock after buying an additional 570 shares during the period. Pure Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,813,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in SCHB. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Schwab US Broad Market ETF during the second quarter worth $161,574,000. Kestra Advisory Services LLC lifted its stake in shares of Schwab US Broad Market ETF by 1,807.0% during the first quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock worth $47,421,000 after buying an additional 1,903,192 shares during the period. Capital Management Associates Inc lifted its stake in shares of Schwab US Broad Market ETF by 107.6% during the first quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock worth $75,942,000 after buying an additional 1,828,084 shares during the period. SCS Capital Management LLC lifted its position in Schwab US Broad Market ETF by 16.6% during the first 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 during the period. Finally, Rebalance LLC lifted its position in Schwab US Broad Market ETF by 10.1% during the second 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 during the period.
Schwab US Broad Market ETF Price Performance
NYSEARCA SCHB opened at $25.83 on Friday. The company has a market capitalization of $37.34 billion, a PE ratio of 25.08 and a beta of 1.03. The company has a fifty day moving average of $25.01 and a 200 day moving average of $23.27. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $25.88.
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.
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