Magnus Financial Group LLC Invests $338,000 in Schwab US Broad Market ETF $SCHB

Magnus Financial Group LLC acquired a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,184 shares of the company’s stock, valued at approximately $338,000.

Other hedge funds also recently bought and sold shares of the company. Foster Victor Wealth Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock valued at $691,000 after purchasing an additional 426 shares during the last quarter. ACT Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 4.2% during the 2nd quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock valued at $267,000 after purchasing an additional 447 shares during the last quarter. AA Financial Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 3.3% during the second quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock valued at $338,000 after buying an additional 452 shares during the last quarter. Apex Wealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 3.0% during the 1st quarter. Apex Wealth Management LLC now owns 17,518 shares of the company’s stock worth $377,000 after acquiring an additional 509 shares during the last quarter. Finally, Broadleaf Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 2.2% during the first quarter. Broadleaf Partners LLC now owns 24,019 shares of the company’s stock worth $517,000 after purchasing an additional 511 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $25.39 on Friday. The stock has a market cap of $36.71 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The firm has a 50-day moving average of $24.87 and a two-hundred day moving average of $23.13. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $25.88.

Schwab US Broad Market ETF 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.