Capital Analysts LLC Acquires 20,858 Shares of Schwab US Broad Market ETF $SCHB

Capital Analysts LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 74.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,692 shares of the company’s stock after purchasing an additional 20,858 shares during the period. Capital Analysts LLC’s holdings in Schwab US Broad Market ETF were worth $1,410,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCHB. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in Schwab US Broad Market ETF by 4.4% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 31,359 shares of the company’s stock worth $908,000 after purchasing an additional 1,323 shares in the last quarter. NorthRock Partners LLC raised its holdings in Schwab US Broad Market ETF by 3.9% during the second quarter. NorthRock Partners LLC now owns 34,542 shares of the company’s stock valued at $1,000,000 after buying an additional 1,284 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in Schwab US Broad Market ETF by 6.0% during the second quarter. Integrated Wealth Concepts LLC now owns 220,987 shares of the company’s stock valued at $6,400,000 after buying an additional 12,506 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 12.0% in the second quarter. NewEdge Advisors LLC now owns 526,748 shares of the company’s stock worth $15,255,000 after buying an additional 56,481 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Schwab US Broad Market ETF by 5.3% in the second quarter. IFP Advisors Inc now owns 601,558 shares of the company’s stock worth $17,421,000 after buying an additional 30,216 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $29.23 on Friday. The company has a market cap of $43.85 billion, a PE ratio of 25.08 and a beta of 1.02. The stock has a 50-day moving average of $29.33 and a 200-day moving average of $28.05. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.15.

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.