ELCO Management Co. LLC Buys 4,900 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

ELCO Management Co. LLC raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 33.3% in the second quarter, HoldingsChannel.com reports. The firm owned 19,600 shares of the company’s stock after purchasing an additional 4,900 shares during the quarter. ELCO Management Co. LLC’s holdings in Schwab US Broad Market ETF were worth $1,232,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its position in shares of Schwab US Broad Market ETF by 6,212.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock valued at $291,000 after purchasing an additional 4,621,937 shares in the last quarter. Rebalance LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1.6% during the 2nd quarter. Rebalance LLC now owns 3,656,627 shares of the company’s stock worth $229,892,000 after buying an additional 55,848 shares in the last quarter. Strid Group LLC grew its position in shares of Schwab US Broad Market ETF by 7.6% during the 2nd quarter. Strid Group LLC now owns 2,752,877 shares of the company’s stock worth $173,073,000 after buying an additional 195,347 shares during the period. Evergreen Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 1.0% in the 2nd quarter. Evergreen Advisors LLC now owns 2,182,804 shares of the company’s stock valued at $137,233,000 after acquiring an additional 21,357 shares in the last quarter. Finally, Hanson & Doremus Investment Management lifted its position in shares of Schwab US Broad Market ETF by 0.9% during the 2nd quarter. Hanson & Doremus Investment Management now owns 1,937,609 shares of the company’s stock valued at $121,817,000 after acquiring an additional 16,407 shares during the period.

Schwab US Broad Market ETF Stock Up 0.2 %

Shares of NYSEARCA SCHB opened at $66.42 on Wednesday. Schwab US Broad Market ETF has a 12-month low of $47.46 and a 12-month high of $66.45. The firm has a market cap of $30.53 billion, a PE ratio of 25.24 and a beta of 1.02. The company’s fifty day simple moving average is $63.87 and its 200 day simple moving average is $62.13.

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.