Phil A. Younker & Associates Ltd. Boosts Stock Position in Schwab US Broad Market ETF $SCHB

Phil A. Younker & Associates Ltd. raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 15.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,070,724 shares of the company’s stock after purchasing an additional 146,639 shares during the quarter. Schwab US Broad Market ETF makes up 21.1% of Phil A. Younker & Associates Ltd.’s holdings, making the stock its 2nd biggest position. Phil A. Younker & Associates Ltd. owned about 0.07% of Schwab US Broad Market ETF worth $27,528,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHB. Christopher J. Hasenberg Inc raised its position in shares of Schwab US Broad Market ETF by 310.6% in the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after purchasing an additional 820 shares during the period. First Pacific Financial bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $51,000. Golden State Wealth Management LLC grew its stake in Schwab US Broad Market ETF by 4,138.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after buying an additional 2,235 shares during the last quarter. Addison Advisors LLC raised its holdings in Schwab US Broad Market ETF by 319.1% in the 2nd quarter. Addison Advisors LLC now owns 2,364 shares of the company’s stock valued at $56,000 after acquiring an additional 1,800 shares during the period. Finally, Frazier Financial Advisors LLC raised its holdings in Schwab US Broad Market ETF by 18.7% in the 2nd quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock valued at $66,000 after acquiring an additional 434 shares during the period.

Schwab US Broad Market ETF Stock Up 0.6%

Shares of SCHB stock opened at $26.79 on Friday. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.83. The company has a market capitalization of $38.98 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a 50 day moving average price of $26.18 and a two-hundred day moving average price of $25.40.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.