Zhang Financial LLC Grows Stake in Schwab US Broad Market ETF $SCHB

Zhang Financial LLC raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 666,381 shares of the company’s stock after purchasing an additional 17,986 shares during the period. Zhang Financial LLC’s holdings in Schwab US Broad Market ETF were worth $16,726,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC grew 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 buying an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Schwab US Broad Market ETF by 197.5% during 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 during the period. Goldman Sachs Group Inc. raised its holdings in shares of Schwab US Broad Market ETF by 50.4% in the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after acquiring an additional 518,984 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at about $218,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of Schwab US Broad Market ETF by 18.5% in the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock valued at $236,000 after acquiring an additional 1,552 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $28.75 on Friday. The stock has a market cap of $43.01 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm’s 50-day moving average is $28.79 and its two-hundred day moving average is $27.27. Schwab US Broad Market ETF has a 1 year low of $23.85 and a 1 year high of $29.35.

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