Coordinated Financial Services Inc. bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 8,612 shares of the company’s stock, valued at approximately $205,000.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Rebalance LLC lifted its position in shares of Schwab US Broad Market ETF by 10.1% during the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after buying an additional 1,209,350 shares during the period. SCS Capital Management LLC lifted its position 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 during the period. Hengehold Capital Management LLC lifted its position in shares of Schwab US Broad Market ETF by 0.8% during the 1st quarter. Hengehold Capital Management LLC now owns 9,013,141 shares of the company’s stock worth $194,053,000 after buying an additional 70,735 shares during the period. 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 period. Finally, Bouchey Financial Group Ltd lifted its position in shares of Schwab US Broad Market ETF by 0.9% during the 1st quarter. Bouchey Financial Group Ltd now owns 8,238,465 shares of the company’s stock worth $177,374,000 after buying an additional 72,697 shares during the period.
Schwab US Broad Market ETF Stock Performance
Shares of SCHB opened at $25.20 on Friday. The stock has a fifty day moving average price of $25.17 and a two-hundred day moving average price of $23.43. 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 $36.63 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03.
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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