Schwab US Broad Market ETF $SCHB Shares Acquired by Trevian Wealth Management LLC

Trevian Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 70.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,066 shares of the company’s stock after acquiring an additional 7,044 shares during the period. Schwab US Broad Market ETF accounts for about 0.2% of Trevian Wealth Management LLC’s investment portfolio, making the stock its 29th largest position. Trevian Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $407,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Christopher J. Hasenberg Inc grew its stake in Schwab US Broad Market ETF by 310.6% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after acquiring an additional 820 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the 1st quarter valued at about $25,000. Wealth Preservation Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the 1st quarter valued at about $30,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in Schwab US Broad Market ETF in the 1st quarter valued at about $32,000. Finally, Brooklyn Investment Group acquired a new stake in Schwab US Broad Market ETF in the 1st quarter valued at about $49,000.

Schwab US Broad Market ETF Trading Down 0.3%

Shares of NYSEARCA SCHB opened at $25.89 on Friday. The stock has a market cap of $37.63 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.01. The company’s 50-day moving average price is $25.15 and its 200 day moving average price is $23.41.

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.