Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 262.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,171 shares of the company’s stock after buying an additional 2,297 shares during the period. Laurel Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $72,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its holdings in shares of Schwab US Broad Market ETF by 7.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 29,032 shares of the company’s stock worth $1,825,000 after buying an additional 2,085 shares during the last quarter. Citizens Financial Group Inc. RI increased its stake in Schwab US Broad Market ETF by 1.8% during the second quarter. Citizens Financial Group Inc. RI now owns 12,820 shares of the company’s stock worth $809,000 after acquiring an additional 227 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in Schwab US Broad Market ETF in the second quarter valued at $704,000. Meridian Wealth Partners LLC lifted its stake in shares of Schwab US Broad Market ETF by 5.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 284,231 shares of the company’s stock valued at $17,870,000 after purchasing an additional 13,904 shares during the last quarter. Finally, Blair William & Co. IL grew its holdings in shares of Schwab US Broad Market ETF by 3.7% during the 2nd quarter. Blair William & Co. IL now owns 60,935 shares of the company’s stock worth $3,831,000 after purchasing an additional 2,189 shares during the period.

Schwab US Broad Market ETF Trading Up 1.9 %

Shares of NYSEARCA:SCHB opened at $23.02 on Thursday. The business has a 50-day moving average price of $23.13 and a 200 day moving average price of $22.16. Schwab US Broad Market ETF has a 12-month low of $18.25 and a 12-month high of $23.73. The company has a market capitalization of $10.58 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.