RHS Financial LLC Has $7.67 Million Stock Position in Schwab US Broad Market ETF $SCHB

RHS Financial LLC lowered its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 11.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 321,737 shares of the company’s stock after selling 39,744 shares during the quarter. Schwab US Broad Market ETF comprises 4.4% of RHS Financial LLC’s holdings, making the stock its 2nd largest holding. RHS Financial LLC’s holdings in Schwab US Broad Market ETF were worth $7,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Foster Victor Wealth Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock valued at $691,000 after buying an additional 426 shares in the last quarter. SteelPeak Wealth LLC lifted its position in Schwab US Broad Market ETF by 2.0% during the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock valued at $521,000 after acquiring an additional 427 shares during the last quarter. ACT Wealth Management LLC lifted its position in Schwab US Broad Market ETF by 4.2% during the second quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock valued at $267,000 after acquiring an additional 447 shares during the last quarter. AA Financial Advisors LLC boosted its stake in Schwab US Broad Market ETF by 3.3% in the second quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock valued at $338,000 after acquiring an additional 452 shares in the last quarter. Finally, Builder Investment Group Inc. ADV grew its holdings in Schwab US Broad Market ETF by 1.7% in the second quarter. Builder Investment Group Inc. ADV now owns 30,131 shares of the company’s stock worth $718,000 after purchasing an additional 491 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 2.7%

Shares of SCHB stock opened at $25.20 on Monday. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.01. The business’s fifty day simple moving average is $25.17 and its 200-day simple moving average is $23.45. The company has a market cap of $36.63 billion, a PE ratio of 25.08 and a beta of 1.03.

Schwab US Broad Market ETF Company 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.