Golden State Wealth Management LLC Increases Position in Schwab US Broad Market ETF $SCHB

Golden State Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4,138.9% during the second quarter, Holdings Channel reports. The firm owned 2,289 shares of the company’s stock after acquiring an additional 2,235 shares during the quarter. Golden State Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $55,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SCHB. HORAN Wealth LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter valued at $11,504,000. Horan Securities Inc. boosted its holdings in Schwab US Broad Market ETF by 9.5% during the 2nd quarter. Horan Securities Inc. now owns 30,207 shares of the company’s stock valued at $720,000 after acquiring an additional 2,618 shares during the period. Ethos Financial Group LLC grew its position in Schwab US Broad Market ETF by 10.2% in the 2nd quarter. Ethos Financial Group LLC now owns 2,059,938 shares of the company’s stock valued at $49,088,000 after acquiring an additional 190,620 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in Schwab US Broad Market ETF in the 2nd quarter valued at about $312,000. Finally, SNS Financial Group LLC increased its stake in Schwab US Broad Market ETF by 0.3% during the second quarter. SNS Financial Group LLC now owns 1,864,325 shares of the company’s stock worth $44,427,000 after purchasing an additional 5,856 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $25.84 on Friday. The company’s 50-day simple moving average is $25.68 and its 200-day simple moving average is $24.23. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.57. The stock has a market capitalization of $37.59 billion, a PE 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.