Schwab US Broad Market ETF $SCHB Stake Boosted by North Star Asset Management Inc.

North Star Asset Management Inc. lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,687,620 shares of the company’s stock after purchasing an additional 23,164 shares during the period. Schwab US Broad Market ETF comprises 2.8% of North Star Asset Management Inc.’s portfolio, making the stock its 3rd largest holding. North Star Asset Management Inc. owned approximately 0.18% of Schwab US Broad Market ETF worth $69,099,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ARS Wealth Advisors Group LLC raised its holdings in Schwab US Broad Market ETF by 4.3% during the third quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock valued at $251,000 after acquiring an additional 405 shares during the period. Blue Trust Inc. boosted its stake in shares of Schwab US Broad Market ETF by 1.9% in the third quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock worth $575,000 after acquiring an additional 414 shares during the period. Summit Place Financial Advisors LLC raised its stake in Schwab US Broad Market ETF by 1.1% during the 3rd quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock valued at $1,049,000 after purchasing an additional 425 shares during the period. Triangle Securities Wealth Management lifted its holdings in Schwab US Broad Market ETF by 0.4% in the 3rd quarter. Triangle Securities Wealth Management now owns 117,174 shares of the company’s stock worth $3,013,000 after purchasing an additional 431 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. lifted its holdings in Schwab US Broad Market ETF by 2.8% in the 2nd quarter. Baltimore Washington Financial Advisors Inc. now owns 16,461 shares of the company’s stock worth $392,000 after purchasing an additional 454 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $26.52 on Wednesday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.94. The business has a 50 day simple moving average of $26.53 and a two-hundred day simple moving average of $25.96. The company has a market capitalization of $38.64 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.