Smith Moore & CO. Has $3.01 Million Stock Position in Schwab US Broad Market ETF $SCHB

Smith Moore & CO. grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 10.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,397 shares of the company’s stock after acquiring an additional 12,066 shares during the period. Smith Moore & CO.’s holdings in Schwab US Broad Market ETF were worth $3,012,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SCHB. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Schwab US Broad Market ETF during the first quarter worth approximately $25,000. Christopher J. Hasenberg Inc grew its holdings in Schwab US Broad Market ETF by 310.6% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after buying an additional 820 shares in the last quarter. Wealth Preservation Advisors LLC bought a new position in Schwab US Broad Market ETF during the 1st quarter worth $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in Schwab US Broad Market ETF during the 1st quarter worth $32,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Schwab US Broad Market ETF during the first quarter worth $49,000.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $26.32 on Monday. The firm has a 50-day moving average of $25.85 and a 200-day moving average of $24.69. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.57. The stock has a market cap of $38.29 billion, a PE ratio of 25.08 and a beta of 1.02.

Schwab US Broad Market ETF 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.