Axxcess Wealth Management LLC lowered its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 0.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 199,846 shares of the company’s stock after selling 412 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $4,762,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also bought and sold shares of SCHB. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth about $161,574,000. Kestra Advisory Services LLC lifted its holdings in shares of Schwab US Broad Market ETF by 1,807.0% in the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock worth $47,421,000 after acquiring an additional 1,903,192 shares during the last quarter. Capital Management Associates Inc lifted its holdings in shares of Schwab US Broad Market ETF by 107.6% in the 1st quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock worth $75,942,000 after acquiring an additional 1,828,084 shares during the last quarter. SCS Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 16.6% in the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after acquiring an additional 1,697,159 shares during the last quarter. Finally, Rebalance LLC lifted its holdings in shares of Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after acquiring an additional 1,209,350 shares during the last quarter.
Schwab US Broad Market ETF Trading Down 0.0%
Schwab US Broad Market ETF stock opened at $25.58 on Wednesday. The firm has a 50-day moving average price of $25.22 and a 200-day moving average price of $23.50. The firm has a market capitalization of $37.18 billion, a PE ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.01.
About Schwab US Broad Market ETF
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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