Schwab US Broad Market ETF $SCHB Position Lifted by Rebalance LLC

Rebalance LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.7% in the third quarter, HoldingsChannel reports. The fund owned 15,288,013 shares of the company’s stock after purchasing an additional 549,560 shares during the quarter. Schwab US Broad Market ETF makes up about 23.1% of Rebalance LLC’s portfolio, making the stock its largest holding. Rebalance LLC’s holdings in Schwab US Broad Market ETF were worth $448,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHB. NWK Group Inc. raised its holdings in Schwab US Broad Market ETF by 23.0% in the 1st quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock worth $48,000 after purchasing an additional 355 shares during the period. Greenleaf Trust grew its holdings in Schwab US Broad Market ETF by 0.9% during the second quarter. Greenleaf Trust now owns 40,725 shares of the company’s stock valued at $1,179,000 after purchasing an additional 375 shares during the period. NerdWallet Wealth Partners LLC grew its holdings in Schwab US Broad Market ETF by 4.5% during the first quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock valued at $226,000 after purchasing an additional 385 shares during the period. Selby Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 0.3% during the third quarter. Selby Wealth Management LLC now owns 130,852 shares of the company’s stock valued at $3,835,000 after purchasing an additional 394 shares during the period. Finally, Wealthgarden F.S. LLC increased its position in Schwab US Broad Market ETF by 1.2% in the first quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after buying an additional 395 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.5%

SCHB traded down $0.14 during midday trading on Friday, reaching $29.19. The company had a trading volume of 17,680,077 shares, compared to its average volume of 9,456,812. The business has a 50-day moving average of $29.57 and a two-hundred day moving average of $28.86. Schwab US Broad Market ETF has a 1 year low of $24.28 and a 1 year high of $30.15. The company has a market cap of $44.35 billion, a P/E ratio of 25.08 and a beta of 1.02.

Schwab US Broad Market ETF Company 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.