HHM Wealth Advisors LLC Boosts Stake in Schwab US Broad Market ETF $SCHB

HHM Wealth Advisors LLC boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 31.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,468,240 shares of the company’s stock after purchasing an additional 1,304,073 shares during the quarter. Schwab US Broad Market ETF comprises about 15.5% of HHM Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. HHM Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $130,308,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Foster Victor Wealth Advisors LLC grew its position in shares of 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 buying an additional 426 shares during the period. SteelPeak Wealth LLC grew its holdings in Schwab US Broad Market ETF by 2.0% during the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock valued at $521,000 after purchasing an additional 427 shares during the period. Frazier Financial Advisors LLC increased its stake in Schwab US Broad Market ETF by 18.7% in the second quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock valued at $66,000 after purchasing an additional 434 shares in the last quarter. ACT Wealth Management LLC raised its holdings in 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 period. Finally, AA Financial Advisors LLC raised its holdings in Schwab US Broad Market ETF by 3.3% in 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.

Schwab US Broad Market ETF Stock Down 0.7%

Shares of SCHB stock opened at $25.37 on Wednesday. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.57. The firm has a market capitalization of $36.91 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm has a fifty day moving average of $25.81 and a 200-day moving average of $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.