Howe & Rusling Inc. grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 4.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 91,866 shares of the company’s stock after purchasing an additional 4,176 shares during the quarter. Howe & Rusling Inc.’s holdings in Schwab US Broad Market ETF were worth $2,189,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Rebalance LLC lifted its stake in Schwab US Broad Market ETF by 10.1% during the second quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after purchasing an additional 1,209,350 shares during the last quarter. SCS Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 16.6% during the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after buying an additional 1,697,159 shares in the last quarter. Strid Group LLC lifted its position in shares of Schwab US Broad Market ETF by 0.5% during the 2nd quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock worth $206,322,000 after buying an additional 43,935 shares during the last quarter. Bouchey Financial Group Ltd lifted its position in shares of Schwab US Broad Market ETF by 0.5% during the 2nd quarter. Bouchey Financial Group Ltd now owns 8,275,927 shares of the company’s stock worth $197,215,000 after buying an additional 37,462 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in Schwab US Broad Market ETF in the second quarter valued at about $161,574,000.
Schwab US Broad Market ETF Stock Up 0.3%
Schwab US Broad Market ETF stock opened at $25.45 on Thursday. The stock has a market cap of $37.03 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.57. The business’s 50-day moving average price is $25.81 and its two-hundred day moving average price is $24.48.
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.
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