SCS Capital Management LLC Has $291.28 Million Holdings in Schwab US Broad Market ETF $SCHB

SCS Capital Management LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,223,396 shares of the company’s stock after acquiring an additional 322,220 shares during the quarter. Schwab US Broad Market ETF makes up approximately 3.2% of SCS Capital Management LLC’s investment portfolio, making the stock its 6th largest position. SCS Capital Management LLC owned approximately 0.85% of Schwab US Broad Market ETF worth $291,284,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of SCHB. Brighton Jones LLC increased its position in shares of Schwab US Broad Market ETF by 1,209.6% during the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after buying an additional 14,279 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in Schwab US Broad Market ETF by 21.5% during the first quarter. Arkadios Wealth Advisors now owns 11,193 shares of the company’s stock worth $241,000 after buying an additional 1,980 shares during the last quarter. Natixis Advisors LLC raised its position in Schwab US Broad Market ETF by 20.1% during the first quarter. Natixis Advisors LLC now owns 59,651 shares of the company’s stock worth $1,284,000 after acquiring an additional 10,002 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Schwab US Broad Market ETF by 5.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,282,278 shares of the company’s stock valued at $27,607,000 after acquiring an additional 67,867 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $26.39 on Friday. The company has a market cap of $38.39 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a 50-day moving average of $25.91 and a 200-day moving average of $24.76. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $26.57.

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.