Shilanski & Associates Inc. Buys 36,062 Shares of Schwab US Broad Market ETF $SCHB

Shilanski & Associates Inc. increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,229,744 shares of the company’s stock after purchasing an additional 36,062 shares during the quarter. Schwab US Broad Market ETF makes up approximately 8.4% of Shilanski & Associates Inc.’s investment portfolio, making the stock its 2nd largest position. Shilanski & Associates Inc.’s holdings in Schwab US Broad Market ETF were worth $31,617,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Christopher J. Hasenberg Inc raised its position in Schwab US Broad Market ETF by 310.6% during the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock worth $26,000 after acquiring an additional 820 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF by 4,138.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after acquiring an additional 2,235 shares during the period. Addison Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 319.1% in the 2nd quarter. Addison Advisors LLC now owns 2,364 shares of the company’s stock valued at $56,000 after acquiring an additional 1,800 shares during the period. Frazier Financial Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 18.7% during the 2nd quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock worth $66,000 after purchasing an additional 434 shares during the last quarter. Finally, Godsey & Gibb Inc. increased its stake in shares of Schwab US Broad Market ETF by 37.7% during the 2nd quarter. Godsey & Gibb Inc. now owns 2,895 shares of the company’s stock worth $69,000 after purchasing an additional 792 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $26.44 on Wednesday. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.63. The company has a market capitalization of $38.47 billion, a P/E ratio of 25.08 and a beta of 1.02. The company has a 50-day simple moving average of $26.13 and a 200 day simple moving average of $25.23.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.