Schwab US Broad Market ETF $SCHB is Sunburst Financial Group LLC’s Largest Position

Sunburst Financial Group LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,266,615 shares of the company’s stock after purchasing an additional 92,327 shares during the quarter. Schwab US Broad Market ETF comprises 10.6% of Sunburst Financial Group LLC’s holdings, making the stock its largest holding. Sunburst Financial Group LLC owned 0.15% of Schwab US Broad Market ETF worth $65,641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 11.0% during the 4th quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock worth $226,412,000 after acquiring an additional 854,800 shares in the last quarter. Hanson & Doremus Investment Management boosted its stake in Schwab US Broad Market ETF by 0.5% in the first quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after acquiring an additional 33,281 shares in the last quarter. Evergreen Advisors LLC boosted its stake in Schwab US Broad Market ETF by 1.8% in the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock valued at $157,632,000 after acquiring an additional 112,717 shares in the last quarter. HHM Wealth Advisors LLC boosted its stake in Schwab US Broad Market ETF by 2.2% in the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock valued at $129,179,000 after acquiring an additional 108,943 shares in the last quarter. Finally, TruNorth Capital Management LLC grew its holdings in Schwab US Broad Market ETF by 0.4% in the fourth quarter. TruNorth Capital Management LLC now owns 5,090,429 shares of the company’s stock worth $133,522,000 after purchasing an additional 19,118 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.8%

Shares of SCHB stock opened at $29.90 on Friday. The business’s fifty day simple moving average is $28.89 and its 200-day simple moving average is $27.52. The company has a market cap of $44.86 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.01.

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.