287,299 Shares in Schwab US Broad Market ETF $SCHB Bought by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 287,299 shares of the company’s stock, valued at approximately $8,320,000.

A number of other institutional investors have also made changes to their positions in the business. NWK Group Inc. lifted its position in Schwab US Broad Market ETF by 23.0% during the 1st quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock worth $48,000 after buying an additional 355 shares in the last quarter. NerdWallet Wealth Partners LLC lifted its holdings in Schwab US Broad Market ETF by 4.5% during the 1st quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock valued at $226,000 after purchasing an additional 385 shares during the last quarter. GeoWealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 0.4% during the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after buying an additional 388 shares during the last quarter. Wealthgarden F.S. LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1.2% during the first quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after acquiring an additional 395 shares during the period. Finally, Vigilare Wealth Management boosted its stake in Schwab US Broad Market ETF by 3.9% in the 2nd quarter. Vigilare Wealth Management now owns 11,130 shares of the company’s stock valued at $322,000 after purchasing an additional 414 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $29.90 on Friday. The stock has a market cap of $44.86 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.01. The firm has a 50-day moving average of $28.89 and a 200-day moving average of $27.52.

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