TruWealth Advisors LLC boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 1.9% in the second quarter, Holdings Channel reports. The firm owned 472,490 shares of the company’s stock after purchasing an additional 8,591 shares during the quarter. TruWealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $11,259,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Studio Investment Management LLC grew its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after purchasing an additional 728 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at $25,000. Wealth Preservation Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at $30,000. Vermillion Wealth Management Inc. acquired a new stake in Schwab US Broad Market ETF in the fourth quarter valued at $31,000. Finally, Curat Global LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at $31,000.
Schwab US Broad Market ETF Price Performance
Shares of SCHB stock opened at $25.41 on Friday. The stock has a market cap of $36.74 billion, a P/E ratio of 25.08 and a beta of 1.03. The company has a fifty day moving average price of $24.60 and a two-hundred day moving average price of $22.93. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $25.48.
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.
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Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report).
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