Truist Financial Corp Has $40.67 Million Holdings in Schwab US Broad Market ETF $SCHB

Truist Financial Corp boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,581,800 shares of the company’s stock after buying an additional 52,125 shares during the quarter. Truist Financial Corp owned approximately 0.11% of Schwab US Broad Market ETF worth $40,668,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Novare Capital Management LLC increased its stake in shares of Schwab US Broad Market ETF by 0.3% during the 3rd quarter. Novare Capital Management LLC now owns 169,749 shares of the company’s stock worth $4,364,000 after purchasing an additional 552 shares during the last quarter. Sightline Wealth Advisors LLC increased its position in Schwab US Broad Market ETF by 10.9% during the third quarter. Sightline Wealth Advisors LLC now owns 26,688 shares of the company’s stock worth $686,000 after buying an additional 2,630 shares during the last quarter. Belpointe Asset Management LLC increased its position in Schwab US Broad Market ETF by 102.2% during the third quarter. Belpointe Asset Management LLC now owns 138,864 shares of the company’s stock worth $3,570,000 after buying an additional 70,203 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in Schwab US Broad Market ETF by 8.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 14,887 shares of the company’s stock valued at $383,000 after buying an additional 1,221 shares in the last quarter. Finally, James Investment Research Inc. lifted its position in shares of Schwab US Broad Market ETF by 15.2% in the third quarter. James Investment Research Inc. now owns 185,583 shares of the company’s stock worth $4,771,000 after buying an additional 24,482 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.3%

Shares of SCHB stock opened at $26.76 on Friday. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94. The company has a market cap of $38.98 billion, a PE ratio of 25.08 and a beta of 1.02. The business’s 50 day moving average is $26.41 and its two-hundred day moving average is $25.66.

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.