Janney Montgomery Scott LLC Buys 8,897 Shares of Schwab US Broad Market ETF $SCHB

Janney Montgomery Scott LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 128,548 shares of the company’s stock after acquiring an additional 8,897 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Schwab US Broad Market ETF were worth $3,063,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SCHB. Kingstone Capital Partners Texas LLC bought a new stake in Schwab US Broad Market ETF during the 2nd quarter worth about $161,574,000. Kestra Advisory Services LLC grew its holdings in Schwab US Broad Market ETF by 1,807.0% during the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock worth $47,421,000 after acquiring an additional 1,903,192 shares during the last quarter. Capital Management Associates Inc grew its holdings in Schwab US Broad Market ETF by 107.6% during the 1st quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock worth $75,942,000 after acquiring an additional 1,828,084 shares during the last quarter. SCS Capital Management LLC grew its holdings in Schwab US Broad Market ETF by 16.6% during the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after acquiring an additional 1,697,159 shares during the last quarter. Finally, Rebalance LLC grew its holdings in Schwab US Broad Market ETF by 10.1% during the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after acquiring an additional 1,209,350 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.6%

Schwab US Broad Market ETF stock opened at $25.98 on Thursday. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $25.99. The company has a market cap of $37.75 billion, a PE ratio of 25.08 and a beta of 1.03. The company’s 50-day moving average is $25.12 and its two-hundred day moving average is $23.39.

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.