Pegasus Asset Management Inc. increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 1.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 414,530 shares of the company’s stock after acquiring an additional 7,189 shares during the quarter. Schwab US Broad Market ETF comprises about 10.0% of Pegasus Asset Management Inc.’s investment portfolio, making the stock its biggest position. Pegasus Asset Management Inc. owned about 0.09% of Schwab US Broad Market ETF worth $26,062,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of SCHB. Altus Wealth Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 1.6% during the 2nd quarter. Altus Wealth Management LLC now owns 9,988 shares of the company’s stock worth $628,000 after purchasing an additional 158 shares during the period. Kiley Juergens Wealth Management LLC raised its holdings in Schwab US Broad Market ETF by 0.3% in the 2nd quarter. Kiley Juergens Wealth Management LLC now owns 59,475 shares of the company’s stock valued at $3,739,000 after acquiring an additional 163 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Schwab US Broad Market ETF by 3.7% in the 1st quarter. Larson Financial Group LLC now owns 4,776 shares of the company’s stock worth $292,000 after acquiring an additional 170 shares during the period. Valeo Financial Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF by 4.1% during the 1st quarter. Valeo Financial Advisors LLC now owns 4,708 shares of the company’s stock worth $277,000 after purchasing an additional 185 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 2.5% during the first quarter. Foster Victor Wealth Advisors LLC now owns 7,874 shares of the company’s stock valued at $475,000 after purchasing an additional 190 shares during the period.
Schwab US Broad Market ETF Trading Down 0.3 %
SCHB stock traded down $0.17 during midday trading on Monday, hitting $65.03. The stock had a trading volume of 621,846 shares, compared to its average volume of 790,672. The firm has a market capitalization of $29.89 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The stock has a 50-day simple moving average of $63.41 and a 200 day simple moving average of $61.26. Schwab US Broad Market ETF has a 52 week low of $47.46 and a 52 week high of $65.57.
About Schwab US Broad Market ETF
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.
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