WBI Investments LLC Acquires Shares of 203,177 Schwab US Broad Market ETF $SCHB

WBI Investments LLC bought a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 203,177 shares of the company’s stock, valued at approximately $4,842,000. Schwab US Broad Market ETF comprises 1.3% of WBI Investments LLC’s portfolio, making the stock its 9th biggest position.

Several other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Schwab US Broad Market ETF by 1,209.6% during the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after buying an additional 211,168 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after purchasing an additional 14,279 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Schwab US Broad Market ETF by 13.3% in the 1st quarter. Bank of New York Mellon Corp now owns 106,534 shares of the company’s stock worth $2,294,000 after buying an additional 12,535 shares during the period. Diversify Advisory Services LLC bought a new position in Schwab US Broad Market ETF in the 1st quarter worth about $439,000. Finally, Private Advisor Group LLC increased its holdings in Schwab US Broad Market ETF by 9.3% during the 1st quarter. Private Advisor Group LLC now owns 230,890 shares of the company’s stock worth $4,971,000 after purchasing an additional 19,725 shares during the period.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $25.56 on Tuesday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.57. The business has a 50-day moving average price of $25.80 and a 200 day moving average price of $24.45. The company has a market capitalization of $37.19 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.