Callahan Advisors LLC Grows Stock Holdings in Schwab US Broad Market ETF $SCHB

Callahan Advisors LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 65,203 shares of the company’s stock after buying an additional 3,390 shares during the period. Callahan Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,554,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Rebalance LLC lifted its holdings in shares of Schwab US Broad Market ETF by 10.1% in 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 in the last quarter. SCS Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 16.6% in 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 in the last quarter. Strid Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 0.5% in the second quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock valued at $206,322,000 after purchasing an additional 43,935 shares in the last quarter. Bouchey Financial Group Ltd lifted its holdings in shares of Schwab US Broad Market ETF by 0.9% in the first quarter. Bouchey Financial Group Ltd now owns 8,238,465 shares of the company’s stock valued at $177,374,000 after purchasing an additional 72,697 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC purchased a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at about $161,574,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $25.70 on Thursday. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.01. The company has a market capitalization of $37.35 billion, a PE ratio of 25.08 and a beta of 1.03. The firm’s 50-day moving average is $25.25 and its two-hundred day moving average is $23.51.

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.