Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Asset Management Group Inc.

Asset Management Group Inc. boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 32,520 shares of the company’s stock after acquiring an additional 353 shares during the quarter. Asset Management Group Inc.’s holdings in Schwab US Broad Market ETF were worth $2,045,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Bruce G. Allen Investments LLC bought a new position in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $29,000. GAMMA Investing LLC acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter valued at $30,000. Johnson Financial Group Inc. raised its stake in shares of Schwab US Broad Market ETF by 76.3% in the 4th quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after buying an additional 319 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at $43,000. Finally, Principal Securities Inc. bought a new position in Schwab US Broad Market ETF during the fourth quarter valued at about $46,000.

Schwab US Broad Market ETF Stock Down 0.2 %

NYSEARCA:SCHB opened at $66.09 on Friday. Schwab US Broad Market ETF has a 52-week low of $47.46 and a 52-week high of $66.45. The firm has a market cap of $30.38 billion, a P/E ratio of 25.24 and a beta of 1.02. The business’s 50-day moving average price is $63.83 and its 200 day moving average price is $62.00.

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.