Schwab US Broad Market ETF $SCHB Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 189.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 202,095 shares of the company’s stock after acquiring an additional 132,223 shares during the period. Ritholtz Wealth Management’s holdings in Schwab US Broad Market ETF were worth $4,816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC purchased a new position in Schwab US Broad Market ETF in the second quarter valued at about $161,574,000. Kestra Advisory Services LLC increased its stake in 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 valued at $47,421,000 after purchasing an additional 1,903,192 shares in the last quarter. Capital Management Associates Inc raised its holdings in Schwab US Broad Market ETF by 107.6% during the first quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock worth $75,942,000 after purchasing an additional 1,828,084 shares during the last quarter. SCS Capital Management LLC raised its holdings in Schwab US Broad Market ETF by 16.6% during the first quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after purchasing an additional 1,697,159 shares during the last quarter. Finally, Rebalance LLC boosted its position in Schwab US Broad Market ETF by 10.1% during the second quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after purchasing an additional 1,209,350 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $25.58 on Wednesday. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.01. The firm has a market capitalization of $37.18 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The stock’s fifty day moving average is $25.22 and its two-hundred day moving average is $23.50.

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.