Axos Invest Inc. Has $3.80 Million Stock Holdings in Schwab US Broad Market ETF $SCHB

Axos Invest Inc. cut its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,427 shares of the company’s stock after selling 6,695 shares during the period. Schwab US Broad Market ETF comprises 2.9% of Axos Invest Inc.’s portfolio, making the stock its 8th largest holding. Axos Invest Inc.’s holdings in Schwab US Broad Market ETF were worth $3,799,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Foster Victor Wealth Advisors LLC lifted its position in Schwab US Broad Market ETF by 1.5% during the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock worth $691,000 after acquiring an additional 426 shares during the period. SteelPeak Wealth LLC raised its stake in shares of Schwab US Broad Market ETF by 2.0% in the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock worth $521,000 after purchasing an additional 427 shares during the last quarter. ACT Wealth Management LLC raised its stake in shares of Schwab US Broad Market ETF by 4.2% in the second quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock worth $267,000 after purchasing an additional 447 shares during the last quarter. AA Financial Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 3.3% during the second quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock worth $338,000 after purchasing an additional 452 shares during the period. Finally, Builder Investment Group Inc. ADV boosted its position in Schwab US Broad Market ETF by 1.7% in the second quarter. Builder Investment Group Inc. ADV now owns 30,131 shares of the company’s stock valued at $718,000 after buying an additional 491 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.4%

Shares of NYSEARCA:SCHB opened at $25.82 on Wednesday. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $25.99. The company’s 50 day moving average is $25.09 and its 200 day moving average is $23.37. The company has a market cap of $37.52 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.