Schwab US Broad Market ETF $SCHB is Members Advisory Group LLC’s Largest Position

Members Advisory Group LLC decreased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 25.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,179,830 shares of the company’s stock after selling 403,482 shares during the quarter. Schwab US Broad Market ETF accounts for about 9.5% of Members Advisory Group LLC’s holdings, making the stock its biggest holding. Members Advisory Group LLC’s holdings in Schwab US Broad Market ETF were worth $34,168,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SCHB. HighTower Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 11.0% during the fourth quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock worth $226,412,000 after acquiring an additional 854,800 shares during the period. Hanson & Doremus Investment Management boosted its holdings in Schwab US Broad Market ETF by 0.5% in the first quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after purchasing an additional 33,281 shares during the period. Evergreen Advisors LLC grew its stake in Schwab US Broad Market ETF by 1.8% during the 1st quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after purchasing an additional 112,717 shares in the last quarter. HHM Wealth Advisors LLC grew its stake in Schwab US Broad Market ETF by 2.2% during the 1st quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after purchasing an additional 108,943 shares in the last quarter. Finally, TruNorth Capital Management LLC grew its stake in Schwab US Broad Market ETF by 0.4% during the 4th quarter. TruNorth Capital Management LLC now owns 5,090,429 shares of the company’s stock worth $133,522,000 after purchasing an additional 19,118 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $29.73 on Friday. The stock’s 50-day moving average is $29.28 and its two-hundred day moving average is $27.96. The company has a market cap of $44.60 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $24.28 and a 1-year high of $30.15.

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.