Schwab US Broad Market ETF $SCHB Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,218,185 shares of the company’s stock after acquiring an additional 95,430 shares during the period. JPMorgan Chase & Co. owned about 0.08% of Schwab US Broad Market ETF worth $31,320,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Gallagher Fiduciary Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 2,295.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after purchasing an additional 62,061,116 shares during the last quarter. Caprock Group LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at $54,987,000. Boulder Wealth Advisors LLC purchased a new position in Schwab US Broad Market ETF during the third quarter worth about $40,435,000. Weaver Capital Management LLC purchased a new position in Schwab US Broad Market ETF during the third quarter worth about $35,322,000. Finally, Rebalance LLC boosted its stake in Schwab US Broad Market ETF by 10.0% in the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after buying an additional 1,320,879 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $25.05 on Monday. The stock has a market capitalization of $36.50 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The business has a 50-day moving average of $26.39 and a two-hundred day moving average of $26.11. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94.

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.