HORAN Wealth LLC Increases Position in Schwab US Broad Market ETF $SCHB

HORAN Wealth LLC boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.2% in the third quarter, Holdings Channel reports. The firm owned 517,585 shares of the company’s stock after purchasing an additional 34,846 shares during the quarter. Schwab US Broad Market ETF comprises about 2.1% of HORAN Wealth LLC’s holdings, making the stock its 10th biggest position. HORAN Wealth LLC’s holdings in Schwab US Broad Market ETF were worth $13,307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHB. Brighton Jones LLC grew its holdings in shares of Schwab US Broad Market ETF by 1,209.6% in the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after acquiring an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Schwab US Broad Market ETF by 50.4% in the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after purchasing an additional 518,984 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Schwab US Broad Market ETF by 7.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 128,548 shares of the company’s stock worth $3,063,000 after purchasing an additional 8,897 shares during the last quarter. Finally, SteelPeak Wealth LLC increased its position in shares of Schwab US Broad Market ETF by 2.0% during the 2nd quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock worth $521,000 after purchasing an additional 427 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.5%

NYSEARCA SCHB opened at $26.44 on Thursday. The company has a market cap of $38.52 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94. The stock has a 50 day moving average of $26.48 and a 200-day moving average of $25.74.

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.