Schwab US Broad Market ETF $SCHB Shares Acquired by Accredited Wealth Management LLC

Accredited Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1,614.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 269,003 shares of the company’s stock after buying an additional 253,311 shares during the quarter. Schwab US Broad Market ETF comprises approximately 5.7% of Accredited Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Accredited Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $6,916,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gallagher Fiduciary Advisors LLC grew its stake in Schwab US Broad Market ETF by 2,295.8% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after purchasing an additional 62,061,116 shares during the last quarter. Rebalance LLC lifted its holdings in shares of Schwab US Broad Market ETF by 10.0% during the third quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after purchasing an additional 1,320,879 shares during the period. SCS Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 2.7% during the second quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after purchasing an additional 322,220 shares during the period. Strid Group LLC boosted its position in Schwab US Broad Market ETF by 0.7% in the third quarter. Strid Group LLC now owns 8,716,201 shares of the company’s stock valued at $224,094,000 after buying an additional 57,964 shares during the last quarter. Finally, Bouchey Financial Group Ltd increased its holdings in Schwab US Broad Market ETF by 0.5% in the 2nd 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.

Schwab US Broad Market ETF Trading Down 0.5%

SCHB opened at $26.49 on Friday. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.94. The firm has a market capitalization of $38.60 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a 50 day moving average of $26.57 and a two-hundred day moving average of $25.98.

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