Schwab US Broad Market ETF $SCHB is Spinnaker Investment Group LLC’s 9th Largest Position

Spinnaker Investment Group LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 546,155 shares of the company’s stock after buying an additional 26,831 shares during the period. Schwab US Broad Market ETF makes up about 2.6% of Spinnaker Investment Group LLC’s portfolio, making the stock its 9th largest position. Spinnaker Investment Group LLC’s holdings in Schwab US Broad Market ETF were worth $14,042,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SCHB. Gallagher Fiduciary Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 2,295.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after purchasing an additional 62,061,116 shares in the last quarter. Rebalance LLC raised its stake in 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 buying an additional 1,209,350 shares during the last quarter. SCS Capital Management LLC raised its stake in Schwab US Broad Market ETF by 2.7% in the second quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock valued at $291,284,000 after buying an additional 322,220 shares during the last quarter. Strid Group LLC boosted its holdings in 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 worth $206,322,000 after acquiring an additional 43,935 shares in the last quarter. Finally, Bouchey Financial Group Ltd grew its stake in shares of Schwab US Broad Market ETF by 0.5% during the second quarter. Bouchey Financial Group Ltd now owns 8,275,927 shares of the company’s stock worth $197,215,000 after acquiring an additional 37,462 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.9%

SCHB opened at $26.23 on Friday. The company has a market cap of $38.16 billion, a P/E ratio of 25.08 and a beta of 1.02. The firm’s 50-day moving average price is $26.01 and its 200-day moving average price is $25.05. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.57.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.