Whitener Capital Management Inc. raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 3.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,123 shares of the company’s stock after buying an additional 2,660 shares during the period. Schwab US Broad Market ETF comprises about 1.7% of Whitener Capital Management Inc.’s holdings, making the stock its 15th largest holding. Whitener Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $4,349,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of SCHB. Geneos Wealth Management Inc. raised its stake in shares of Schwab US Broad Market ETF by 100.8% in the first quarter. Geneos Wealth Management Inc. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 245 shares in the last quarter. Oxford Financial Group Ltd. raised its position in Schwab US Broad Market ETF by 100.0% in the 1st quarter. Oxford Financial Group Ltd. now owns 506 shares of the company’s stock valued at $27,000 after purchasing an additional 253 shares in the last quarter. Worth Asset Management LLC purchased a new position in shares of Schwab US Broad Market ETF in the 1st quarter valued at about $27,000. Ridgewood Investments LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at approximately $29,000. Finally, Ruedi Wealth Management Inc. purchased a new position in Schwab US Broad Market ETF in the fourth quarter worth approximately $29,000.
Schwab US Broad Market ETF Price Performance
Shares of SCHB traded down $0.32 during mid-day trading on Tuesday, reaching $51.53. The company’s stock had a trading volume of 261,966 shares, compared to its average volume of 789,080. Schwab US Broad Market ETF has a 12-month low of $40.92 and a 12-month high of $53.71. The stock has a market cap of $22.95 billion, a PE ratio of 17.59 and a beta of 1.03. The company’s 50 day moving average is $52.27 and its 200 day moving average is $49.84.
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.
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