Glaxis Capital Management LLC Makes New Investment in Schwab US Broad Market ETF $SCHB

Glaxis Capital Management LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,315 shares of the company’s stock, valued at approximately $222,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Schwab US Broad Market ETF by 1,209.6% in the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after acquiring an additional 211,168 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Schwab US Broad Market ETF by 13.3% in the first quarter. Bank of New York Mellon Corp now owns 106,534 shares of the company’s stock worth $2,294,000 after purchasing an additional 12,535 shares during the period. Bailard Inc. increased its stake in shares of Schwab US Broad Market ETF by 7.0% in the first quarter. Bailard Inc. now owns 63,077 shares of the company’s stock worth $1,358,000 after purchasing an additional 4,131 shares during the period. Finally, Forum Financial Management LP lifted its position in shares of Schwab US Broad Market ETF by 47.4% during the 1st quarter. Forum Financial Management LP now owns 30,184 shares of the company’s stock worth $650,000 after purchasing an additional 9,704 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $25.82 on Friday. The company has a market cap of $37.57 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The business has a 50 day moving average price of $25.79 and a 200 day moving average price of $24.38. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.57.

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.