Arkadios Wealth Advisors Purchases New Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Arkadios Wealth Advisors purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,782 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors also recently bought and sold shares of SCHB. TruNorth Capital Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter valued at approximately $78,880,000. Morningstar Investment Services LLC lifted its holdings in Schwab US Broad Market ETF by 114.4% during the fourth quarter. Morningstar Investment Services LLC now owns 1,425,586 shares of the company’s stock valued at $79,705,000 after purchasing an additional 760,762 shares in the last quarter. Accredited Investors Inc. raised its position in Schwab US Broad Market ETF by 55.5% in the second quarter. Accredited Investors Inc. now owns 1,611,625 shares of the company’s stock valued at $101,323,000 after purchasing an additional 575,019 shares during the period. Sunpointe LLC acquired a new position in shares of Schwab US Broad Market ETF in the 2nd quarter valued at $26,069,000. Finally, Focus Financial Network Inc. ADV acquired a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at $22,828,000.

Schwab US Broad Market ETF Trading Up 0.9 %

Shares of NYSEARCA:SCHB opened at $65.38 on Friday. The company has a market capitalization of $30.06 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $47.46 and a 12-month high of $65.57. The business has a 50-day moving average price of $63.55 and a 200 day moving average price of $61.40.

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.