IFP Advisors Inc Acquires 30,216 Shares of Schwab US Broad Market ETF $SCHB

IFP Advisors Inc raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 601,558 shares of the company’s stock after buying an additional 30,216 shares during the quarter. IFP Advisors Inc’s holdings in Schwab US Broad Market ETF were worth $17,421,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Markowski Investments bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter valued at $31,000. Financial Life Planners bought a new position in Schwab US Broad Market ETF during the first quarter worth $27,000. Birchwood Financial Partners Inc. bought a new position in Schwab US Broad Market ETF during the fourth quarter worth $28,000. Wiser Advisor Group LLC acquired a new stake in Schwab US Broad Market ETF in the third quarter worth $29,000. Finally, Bayban acquired a new stake in Schwab US Broad Market ETF in the fourth quarter worth $33,000.

Schwab US Broad Market ETF Trading Down 0.5%

SCHB opened at $29.57 on Wednesday. The company has a fifty day moving average price of $29.31 and a two-hundred day moving average price of $28.01. Schwab US Broad Market ETF has a 1-year low of $24.28 and a 1-year high of $30.15. The company has a market cap of $44.36 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.