Merriman Wealth Management LLC Acquires 532 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Merriman Wealth Management LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,296 shares of the company’s stock after purchasing an additional 532 shares during the quarter. Merriman Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $836,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Altus Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 1.6% during the second quarter. Altus Wealth Management LLC now owns 9,988 shares of the company’s stock valued at $628,000 after purchasing an additional 158 shares during the last quarter. Kiley Juergens Wealth Management LLC lifted its holdings in Schwab US Broad Market ETF by 0.3% during the 2nd quarter. Kiley Juergens Wealth Management LLC now owns 59,475 shares of the company’s stock worth $3,739,000 after purchasing an additional 163 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Schwab US Broad Market ETF by 3.7% in the first quarter. Larson Financial Group LLC now owns 4,776 shares of the company’s stock valued at $292,000 after acquiring an additional 170 shares during the period. Valeo Financial Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 4.1% in the first quarter. Valeo Financial Advisors LLC now owns 4,708 shares of the company’s stock valued at $277,000 after acquiring an additional 185 shares in the last quarter. Finally, Builder Investment Group Inc. ADV increased its position in Schwab US Broad Market ETF by 2.0% during the second quarter. Builder Investment Group Inc. ADV now owns 9,317 shares of the company’s stock worth $586,000 after acquiring an additional 186 shares during the period.

Schwab US Broad Market ETF Stock Down 0.2 %

Shares of NYSEARCA:SCHB opened at $66.09 on Friday. Schwab US Broad Market ETF has a 12-month low of $47.46 and a 12-month high of $66.45. The company’s 50 day moving average price is $63.83 and its two-hundred day moving average price is $62.00. The firm has a market cap of $30.38 billion, a PE ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF 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.