Mutual Advisors LLC Grows Stock Position in Schwab US Broad Market ETF $SCHB

Mutual Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 17.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 274,627 shares of the company’s stock after acquiring an additional 41,145 shares during the period. Mutual Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $6,753,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SCHB. Brighton Jones LLC grew its position in Schwab US Broad Market ETF by 1,209.6% during the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after buying an additional 14,279 shares during the period. GAMMA Investing LLC lifted its stake in shares of Schwab US Broad Market ETF by 2,053.0% during the first quarter. GAMMA Investing LLC now owns 31,132 shares of the company’s stock worth $670,000 after buying an additional 29,686 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Schwab US Broad Market ETF by 9.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,095,500 shares of the company’s stock valued at $45,116,000 after buying an additional 178,997 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of Schwab US Broad Market ETF in the 1st quarter valued at $501,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $25.58 on Wednesday. The business has a fifty day moving average of $25.22 and a 200 day moving average of $23.50. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.01. The firm has a market capitalization of $37.18 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03.

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.