Sunburst Financial Group LLC Purchases 85,021 Shares of Schwab US Broad Market ETF $SCHB

Sunburst Financial Group LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,082,849 shares of the company’s stock after acquiring an additional 85,021 shares during the quarter. Schwab US Broad Market ETF accounts for 11.1% of Sunburst Financial Group LLC’s portfolio, making the stock its largest holding. Sunburst Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $49,634,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Stratos Wealth Partners LTD. boosted its stake in shares of Schwab US Broad Market ETF by 5.3% during the 1st quarter. Stratos Wealth Partners LTD. now owns 24,351 shares of the company’s stock worth $524,000 after acquiring an additional 1,220 shares in the last quarter. Genesee Capital Advisors LLC boosted its stake in shares of Schwab US Broad Market ETF by 1.6% during the 2nd quarter. Genesee Capital Advisors LLC now owns 1,514,413 shares of the company’s stock worth $36,088,000 after acquiring an additional 23,607 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Schwab US Broad Market ETF by 4.9% during the 1st quarter. Cetera Investment Advisers now owns 587,930 shares of the company’s stock worth $12,658,000 after acquiring an additional 27,325 shares in the last quarter. J Hagan Capital Inc. bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter worth $2,768,000. Finally, Aspen Capital Management LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter worth $206,000.

Schwab US Broad Market ETF Stock Up 0.1%

SCHB opened at $26.30 on Tuesday. The firm has a market cap of $38.26 billion, a PE ratio of 25.08 and a beta of 1.02. The business has a fifty day simple moving average of $25.60 and a 200-day simple moving average of $24.09. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.57.

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.