27,053 Schwab US Broad Market ETF $SCHB Shares Acquired by Davis Capital Management

Davis Capital Management grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 877,543 shares of the company’s stock after buying an additional 27,053 shares during the quarter. Schwab US Broad Market ETF makes up about 15.6% of Davis Capital Management’s investment portfolio, making the stock its largest holding. Davis Capital Management owned approximately 0.06% of Schwab US Broad Market ETF worth $25,721,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. YHB Investment Advisors Inc. bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth $3,266,000. Apella Capital LLC boosted its stake in shares of Schwab US Broad Market ETF by 32.0% during the 3rd quarter. Apella Capital LLC now owns 45,299 shares of the company’s stock valued at $1,352,000 after purchasing an additional 10,978 shares in the last quarter. Avidian Wealth Enterprises LLC purchased a new position in shares of Schwab US Broad Market ETF during the third quarter valued at about $830,000. Venture Visionary Partners LLC increased its position in shares of Schwab US Broad Market ETF by 15.0% during the third quarter. Venture Visionary Partners LLC now owns 293,683 shares of the company’s stock valued at $8,608,000 after buying an additional 38,326 shares during the period. Finally, Elevation Wealth Partners LLC raised its stake in Schwab US Broad Market ETF by 2.5% in the third quarter. Elevation Wealth Partners LLC now owns 118,619 shares of the company’s stock worth $3,477,000 after buying an additional 2,879 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB traded down $0.12 on Thursday, hitting $29.73. The company had a trading volume of 14,704,490 shares, compared to its average volume of 9,127,207. The stock has a fifty day simple moving average of $29.59 and a 200-day simple moving average of $28.51. The firm has a market capitalization of $45.06 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.15.

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.