Accredited Investors Inc. Has $123.56 Million Stock Position in Schwab US Broad Market ETF $SCHB

Accredited Investors Inc. reduced its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,805,946 shares of the company’s stock after selling 77,736 shares during the quarter. Schwab US Broad Market ETF comprises approximately 6.9% of Accredited Investors Inc.’s portfolio, making the stock its 2nd biggest holding. Accredited Investors Inc. owned approximately 0.33% of Schwab US Broad Market ETF worth $123,561,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Gallagher Fiduciary Advisors LLC grew its holdings in shares of 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 boosted its position in 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 valued at $372,283,000 after buying an additional 1,320,879 shares during the period. SCS Capital Management LLC grew its stake 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 valued at $291,284,000 after buying an additional 322,220 shares during the last quarter. Strid Group LLC grew its stake in shares of Schwab US Broad Market ETF by 0.7% during 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 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.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $26.51 on Thursday. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $26.89. The business’s 50 day simple moving average is $26.27 and its two-hundred day simple moving average is $25.56. The stock has a market capitalization of $38.63 billion, a P/E 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.