Traction Financial Partners LLC Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Traction Financial Partners LLC grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 21.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,125 shares of the company’s stock after buying an additional 1,776 shares during the period. Schwab US Broad Market ETF makes up 0.5% of Traction Financial Partners LLC’s portfolio, making the stock its 27th largest holding. Traction Financial Partners LLC’s holdings in Schwab US Broad Market ETF were worth $648,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHB. Strategic Financial Concepts LLC grew its stake in shares of Schwab US Broad Market ETF by 6,212.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock worth $291,000 after buying an additional 4,621,937 shares in the last quarter. TruNorth Capital Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth about $78,880,000. Morningstar Investment Services LLC boosted its stake in shares of Schwab US Broad Market ETF by 114.4% during the 4th quarter. Morningstar Investment Services LLC now owns 1,425,586 shares of the company’s stock worth $79,705,000 after purchasing an additional 760,762 shares during the period. Accredited Investors Inc. boosted its stake in shares of Schwab US Broad Market ETF by 55.5% during the 2nd quarter. Accredited Investors Inc. now owns 1,611,625 shares of the company’s stock worth $101,323,000 after purchasing an additional 575,019 shares during the period. Finally, Sunpointe LLC purchased a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $26,069,000.

Schwab US Broad Market ETF Trading Down 0.1 %

SCHB stock opened at $66.24 on Monday. Schwab US Broad Market ETF has a 12 month low of $47.46 and a 12 month high of $66.59. The company has a 50-day moving average price of $63.99 and a 200 day moving average price of $62.25. The stock has a market cap of $30.45 billion, a PE ratio of 25.24 and a beta of 1.02.

About Schwab US Broad Market ETF

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.