Caprock Group LLC Invests $54.99 Million in Schwab US Broad Market ETF $SCHB

Caprock Group LLC acquired a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,204,784 shares of the company’s stock, valued at approximately $54,987,000. Schwab US Broad Market ETF makes up 1.3% of Caprock Group LLC’s holdings, making the stock its 9th biggest position. Caprock Group LLC owned approximately 0.15% of Schwab US Broad Market ETF as of its most recent SEC filing.

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

Schwab US Broad Market ETF Trading Down 0.3%

Shares of SCHB stock opened at $26.73 on Wednesday. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.94. The stock has a fifty day simple moving average of $26.51 and a two-hundred day simple moving average of $25.81. The stock has a market capitalization of $38.95 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.