8,517 Shares in Schwab US Broad Market ETF $SCHB Purchased by Archvest Wealth Advisors Inc.

Archvest Wealth Advisors Inc. bought a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,517 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Rebalance LLC boosted its stake in shares of Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock valued at $313,583,000 after purchasing an additional 1,209,350 shares in the last quarter. SCS Capital Management LLC boosted its position in Schwab US Broad Market ETF by 16.6% during the first quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after buying an additional 1,697,159 shares during the period. Strid Group LLC grew its stake in shares of Schwab US Broad Market ETF by 0.5% during the second quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock valued at $206,322,000 after buying an additional 43,935 shares during the last quarter. Bouchey Financial Group Ltd increased its holdings in shares of Schwab US Broad Market ETF by 0.5% in the second quarter. Bouchey Financial Group Ltd now owns 8,275,927 shares of the company’s stock worth $197,215,000 after buying an additional 37,462 shares during the period. Finally, Kingstone Capital Partners Texas LLC purchased a new position in Schwab US Broad Market ETF in the 2nd quarter worth approximately $161,574,000.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $25.05 on Friday. The firm has a 50 day moving average price of $25.80 and a 200-day moving average price of $24.49. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.57. The firm has a market capitalization of $36.45 billion, a price-to-earnings 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.