Savvy Advisors Inc. Has $5.37 Million Position in Schwab US Broad Market ETF $SCHB

Savvy Advisors Inc. raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 910.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 225,410 shares of the company’s stock after purchasing an additional 203,096 shares during the quarter. Savvy Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $5,372,000 as of its most recent SEC filing.

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

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $26.46 on Thursday. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.57. The company has a market cap of $38.50 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The business’s fifty day moving average is $25.51 and its 200 day moving average is $23.95.

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.