Summit Place Financial Advisors LLC Buys 600 Shares of Schwab US Broad Market ETF $SCHB

Summit Place Financial Advisors LLC raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,364 shares of the company’s stock after acquiring an additional 600 shares during the period. Summit Place Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $962,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of SCHB. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Schwab US Broad Market ETF in the 1st quarter valued at $25,000. Christopher J. Hasenberg Inc increased its holdings in Schwab US Broad Market ETF by 310.6% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after acquiring an additional 820 shares during the last quarter. Wealth Preservation Advisors LLC bought a new stake in Schwab US Broad Market ETF in the 1st quarter valued at $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in Schwab US Broad Market ETF in the 1st quarter valued at $32,000. Finally, Brooklyn Investment Group bought a new stake in shares of Schwab US Broad Market ETF in the 1st quarter worth about $49,000.

Schwab US Broad Market ETF Stock Down 2.7%

Schwab US Broad Market ETF stock opened at $25.20 on Friday. The company’s 50-day moving average price is $25.17 and its 200-day moving average price is $23.43. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.01. The company has a market cap of $36.63 billion, a PE ratio of 25.08 and a beta of 1.03.

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.