203,532 Shares in Schwab US Broad Market ETF $SCHB Purchased by Maridea Wealth Management LLC

Maridea Wealth Management LLC purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 203,532 shares of the company’s stock, valued at approximately $4,850,000. Schwab US Broad Market ETF makes up about 1.3% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding.

Other hedge funds have also bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Schwab US Broad Market ETF in the first quarter worth about $25,000. Christopher J. Hasenberg Inc boosted its stake in Schwab US Broad Market ETF by 310.6% in the second 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 period. Wealth Preservation Advisors LLC acquired a new position in Schwab US Broad Market ETF in the first quarter valued at approximately $30,000. Curat Global LLC acquired a new position in Schwab US Broad Market ETF in the first quarter valued at approximately $31,000. Finally, Kayne Anderson Rudnick Investment Management LLC acquired a new position in Schwab US Broad Market ETF in the first quarter valued at approximately $32,000.

Schwab US Broad Market ETF Stock Down 0.7%

Shares of SCHB stock opened at $25.53 on Thursday. The business has a 50 day moving average of $24.85 and a two-hundred day moving average of $23.10. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $25.88. The company has a market cap of $36.91 billion, a P/E 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.