Legacy Financial Strategies LLC Buys 138,003 Shares of Schwab US Broad Market ETF $SCHB

Legacy Financial Strategies LLC raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,683,753 shares of the company’s stock after acquiring an additional 138,003 shares during the quarter. Schwab US Broad Market ETF makes up 12.5% of Legacy Financial Strategies LLC’s investment portfolio, making the stock its 2nd largest position. Legacy Financial Strategies LLC owned approximately 0.18% of Schwab US Broad Market ETF worth $68,999,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Pacific Financial acquired a new position in shares of Schwab US Broad Market ETF during the third quarter worth about $51,000. Golden State Wealth Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 4,138.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after buying an additional 2,235 shares during the period. Addison Advisors LLC grew its stake in Schwab US Broad Market ETF by 319.1% during the 2nd quarter. Addison Advisors LLC now owns 2,364 shares of the company’s stock worth $56,000 after buying an additional 1,800 shares during the last quarter. Frazier Financial Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 18.7% in the second quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock valued at $66,000 after purchasing an additional 434 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $77,000.

Schwab US Broad Market ETF Stock Up 2.1%

Shares of SCHB stock opened at $26.67 on Monday. The stock has a 50-day simple moving average of $26.49 and a 200 day simple moving average of $25.78. The stock has a market capitalization of $38.86 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.94.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.