Manchester Financial Inc. Increases Position in Schwab US Broad Market ETF $SCHB

Manchester Financial Inc. raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,530,639 shares of the company’s stock after acquiring an additional 30,695 shares during the period. Schwab US Broad Market ETF makes up 17.6% of Manchester Financial Inc.’s portfolio, making the stock its largest holding. Manchester Financial Inc. owned approximately 0.24% of Schwab US Broad Market ETF worth $84,135,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth about $161,574,000. Kestra Advisory Services LLC increased its holdings in shares of Schwab US Broad Market ETF by 1,807.0% in the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock worth $47,421,000 after buying an additional 1,903,192 shares during the last quarter. Capital Management Associates Inc increased its holdings in shares of Schwab US Broad Market ETF by 107.6% in the 1st quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock worth $75,942,000 after buying an additional 1,828,084 shares during the last quarter. SCS Capital Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 16.6% in the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after buying an additional 1,697,159 shares during the last quarter. Finally, Rebalance LLC increased its holdings in shares of Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after buying an additional 1,209,350 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.5%

Schwab US Broad Market ETF stock opened at $25.63 on Friday. The company’s 50-day moving average price is $25.29 and its 200-day moving average price is $23.57. 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 $37.25 billion, a PE ratio of 25.08 and a beta of 1.03.

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.