Crewe Advisors LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 33.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,599 shares of the company’s stock after purchasing an additional 8,721 shares during the quarter. Crewe Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $825,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the stock. Foster Victor Wealth Advisors LLC raised its holdings in 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 worth $691,000 after purchasing an additional 426 shares in the last quarter. SteelPeak Wealth LLC increased its stake in shares of Schwab US Broad Market ETF by 2.0% in the 2nd quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock worth $521,000 after acquiring an additional 427 shares in the last quarter. Frazier Financial Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 18.7% in the 2nd quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock worth $66,000 after acquiring an additional 434 shares in the last quarter. ACT Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF by 4.2% in the 2nd quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock worth $267,000 after acquiring an additional 447 shares in the last quarter. Finally, AA Financial Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 3.3% in the 2nd quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock worth $338,000 after acquiring an additional 452 shares in the last quarter.
Schwab US Broad Market ETF Price Performance
Shares of Schwab US Broad Market ETF stock opened at $25.63 on Monday. The company has a 50-day moving average of $25.29 and a 200 day moving average of $23.60. The firm has a market cap of $37.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.01.
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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