Members Advisory Group LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 5.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,770,217 shares of the company’s stock after purchasing an additional 93,862 shares during the quarter. Schwab US Broad Market ETF makes up 15.9% of Members Advisory Group LLC’s portfolio, making the stock its biggest holding. Members Advisory Group LLC owned approximately 0.12% of Schwab US Broad Market ETF worth $42,184,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the 1st quarter valued at approximately $25,000. Christopher J. Hasenberg Inc boosted its position in shares of Schwab US Broad Market ETF by 310.6% during the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock worth $26,000 after acquiring an additional 820 shares during the last quarter. Wealth Preservation Advisors LLC purchased a new position in Schwab US Broad Market ETF during the first quarter valued at $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in Schwab US Broad Market ETF in the 1st quarter valued at $32,000. Finally, Brooklyn Investment Group bought a new stake in Schwab US Broad Market ETF in the 1st quarter valued at $49,000.
Schwab US Broad Market ETF Stock Up 0.5%
SCHB opened at $25.63 on Monday. The firm has a 50-day simple moving average of $25.29 and a two-hundred day simple moving average of $23.60. 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 capitalization of $37.25 billion, a PE 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.
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