Northern Capital Management Inc. Buys 789 Shares of Schwab US Broad Market ETF $SCHB

Northern Capital Management Inc. grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 38,475 shares of the company’s stock after acquiring an additional 789 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 0.5% of Northern Capital Management Inc.’s holdings, making the stock its 18th largest holding. Northern Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $917,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Foster Victor Wealth Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 1.5% during the second quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock valued at $691,000 after acquiring an additional 426 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in shares of Schwab US Broad Market ETF by 2.0% during the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock valued at $521,000 after acquiring an additional 427 shares in the last quarter. Frazier Financial Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 18.7% during the second quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock valued at $66,000 after acquiring an additional 434 shares in the last quarter. ACT Wealth Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 4.2% during the second quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock valued at $267,000 after acquiring an additional 447 shares in the last quarter. Finally, AA Financial Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 3.3% during the second quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock valued at $338,000 after acquiring an additional 452 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.5%

SCHB opened at $25.63 on Friday. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.01. The company has a market cap of $37.25 billion, a P/E ratio of 25.08 and a beta of 1.03. The firm’s 50-day moving average price is $25.29 and its 200-day moving average price is $23.58.

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.