Schwab US Broad Market ETF $SCHB Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 12.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 526,748 shares of the company’s stock after buying an additional 56,481 shares during the quarter. NewEdge Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $15,255,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SCHB. Markowski Investments purchased a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth approximately $31,000. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $27,000. Birchwood Financial Partners Inc. purchased a new stake in Schwab US Broad Market ETF in the 4th quarter valued at approximately $28,000. Wiser Advisor Group LLC purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at approximately $29,000. Finally, Bayban purchased a new stake in Schwab US Broad Market ETF in the 4th quarter valued at approximately $33,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $29.47 on Friday. The business’s fifty day moving average price is $29.34 and its two-hundred day moving average price is $28.06. The stock has a market cap of $44.21 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $24.28 and a one year 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.