NYSEARCA:SCHB

Schwab US Broad Market ETF (SCHB) Price, Holdings, & News

$58.13
+0.56 (+0.97%)
(As of 04/22/2024 ET)
Today's Range
$57.61
$58.43
50-Day Range
$57.53
$61.05
52-Week Range
$46.92
$61.18
Volume
758,714 shs
Average Volume
871,653 shs
Market Capitalization
$26.66 billion
Assets Under Management
$26.69 billion
Dividend Yield
1.24%
Net Expense Ratio
0.03%
SCHB stock logo

About Schwab US Broad Market ETF (NYSEARCA:SCHB)

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. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions. Charles Schwab Investment Management, Inc. is the advisor of the Fund.

SCHB Stock Price History

SCHB ETF News Headlines

SCHB: Nothing Special As A Total Stock Market Proxy
Schwab U.S. Broad Market ETF
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
SCHD: Why Pick Stocks When You Can Buy This ETF?
Schwab U.S. Broad Market ETF (SCHB)
Charles Schwab: Is It Too Late To Buy?
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
See More Headlines
Receive SCHB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Schwab US Broad Market ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
Charles Schwab
Fund Name
Schwab US Broad Market ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SCHB
Inception Date
10/30/2009
Fund Manager
Christopher Bliss, Ferian Juwono, Sabya Sinha

Fund Focus

Asset Class
Equity
Benchmark
Dow Jones U.S. Broad Stock Market Index
Category
Broad Equity
Focus
Strategy
Development Level
Developed Markets
Region
North America
Number of Holdings
2421

Fund Statistics

Assets Under Management
$26.45 billion
Average Daily Volume
$938,612.80
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
Charles Schwab Investment Management, Inc.
Advisor
Charles Schwab Investment Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
SEI Investments Distribution Co.
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
122
Put Options
7
Call Options
115
Short Interest
599,200 shs

Miscellaneous

Beta
1.03
Creation Unit
50,000
Creation Fee
$1,500.00
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Schwab US Broad Market ETF Expenses

TypeSCHBStrategy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.46%0.54%0.50%0.51%
Other Expenses0.00%0.42%0.54%0.64%0.58%
Total Expense0.03%0.61%0.70%0.74%0.70%
Fee Waiver0.00%-0.44%-0.55%-0.68%-0.57%
Net Expense0.03%0.51%0.60%0.57%0.58%

Schwab US Broad Market ETF (SCHB) Holdings & Exposure

SCHB Sector Exposure

SCHB Industry Exposure

Should I Buy Schwab US Broad Market ETF Stock? SCHB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Schwab US Broad Market ETF:

  • Schwab US Broad Market ETF provides diversified exposure to the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index, which includes 2,500 publicly traded U.S. companies.
  • The Fund uses various derivatives such as options, futures, and swaps, which can enhance returns and provide risk management opportunities.
  • Investors can benefit from potential capital appreciation as the Fund tracks the performance of a broad market index reflecting the shares of securities available to investors.
  • Charles Schwab Investment Management, Inc. serves as the advisor of the Fund, bringing expertise and experience in managing the ETF.
  • Recent developments indicate a favorable trend in the stock price of Schwab US Broad Market ETF, offering potential for positive returns.

Cons

Investors should be bearish about investing in Schwab US Broad Market ETF for these reasons:

  • As with any investment, there are inherent risks associated with market fluctuations and the performance of the underlying index, which may lead to potential losses.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Schwab US Broad Market ETF pros and cons to contact@marketbeat.com.

SCHB ETF - Frequently Asked Questions

How have SCHB shares performed in 2024?

Schwab US Broad Market ETF's stock was trading at $55.67 at the beginning of 2024. Since then, SCHB shares have increased by 4.4% and is now trading at $58.10.
View the best growth stocks for 2024 here
.

What does SCHB invest in?

Schwab US Broad Market ETF is a equity fund issued by Charles Schwab. SCHB focuses on strategy investments and follows the Dow Jones U.S. Broad Stock Market Index. The fund's investments total to approximately $26.45 billion assets under management.

What stocks does Schwab US Broad Market ETF hold?
What is the management fee for Schwab US Broad Market ETF?

Schwab US Broad Market ETF's management fee is 0.03% and has no other recorded expenses or fee waivers. The net expense ratio for SCHB is 0.03%.

When did Schwab US Broad Market ETF's stock split?

Shares of Schwab US Broad Market ETF split on the morning of Friday, March 11th 2022. The 2-1 split was announced on Friday, March 11th 2022. The newly created shares were distributed to shareholders after the closing bell on Friday, March 11th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What other stocks do shareholders of Schwab US Broad Market ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Schwab US Broad Market ETF investors own include Bank of Hawaii (BOH), AT&T (T), InterDigital (IDCC), Chevron (CVX), Verizon Communications (VZ), Walmart (WMT), Johnson & Johnson (JNJ), Caterpillar (CAT), STAG Industrial (STAG) and Exxon Mobil (XOM).

Who are Schwab US Broad Market ETF's major shareholders?

Schwab US Broad Market ETF's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Rebalance LLC (0.79%), Evensky & Katz LLC (0.76%), Hengehold Capital Management LLC (0.66%), Retirement Planning Group LLC (0.45%), Hanson & Doremus Investment Management (0.42%) and FORVIS Wealth Advisors LLC (0.37%).

How do I buy shares of Schwab US Broad Market ETF?

Shares of SCHB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:SCHB) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners