Chapman Financial Group LLC raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 29.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 150,008 shares of the company’s stock after buying an additional 34,013 shares during the quarter. Schwab US Broad Market ETF comprises 2.7% of Chapman Financial Group LLC’s investment portfolio, making the stock its 7th largest position. Chapman Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $3,857,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHB. Leading Edge Financial Planning LLC boosted its position in shares of Schwab US Broad Market ETF by 4.2% during the third quarter. Leading Edge Financial Planning LLC now owns 1,394,411 shares of the company’s stock valued at $35,850,000 after purchasing an additional 55,692 shares in the last quarter. Sunpointe LLC raised its holdings in Schwab US Broad Market ETF by 5.4% in the third quarter. Sunpointe LLC now owns 32,496 shares of the company’s stock worth $835,000 after purchasing an additional 1,670 shares in the last quarter. Aptus Capital Advisors LLC raised its holdings in Schwab US Broad Market ETF by 0.4% in the third quarter. Aptus Capital Advisors LLC now owns 2,141,423 shares of the company’s stock worth $55,056,000 after purchasing an additional 7,903 shares in the last quarter. Bouchey Financial Group Ltd lifted its position in Schwab US Broad Market ETF by 0.5% during the third quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock valued at $213,866,000 after buying an additional 42,459 shares during the period. Finally, Smith Moore & CO. lifted its position in Schwab US Broad Market ETF by 0.7% during the third quarter. Smith Moore & CO. now owns 127,320 shares of the company’s stock valued at $3,273,000 after buying an additional 923 shares during the period.
Schwab US Broad Market ETF Trading Down 1.4%
Shares of SCHB stock opened at $25.91 on Friday. The company’s fifty day moving average price is $26.54 and its 200-day moving average price is $26.03. The stock has a market cap of $37.75 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month 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.
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