Phil A. Younker & Associates Ltd. Boosts Holdings in Schwab US Broad Market ETF $SCHB

Phil A. Younker & Associates Ltd. lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 15.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,070,724 shares of the company’s stock after buying an additional 146,639 shares during the quarter. Schwab US Broad Market ETF comprises 21.1% of Phil A. Younker & Associates Ltd.’s holdings, making the stock its 2nd biggest position. Phil A. Younker & Associates Ltd.’s holdings in Schwab US Broad Market ETF were worth $27,528,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Avantax Advisory Services Inc. raised its position in shares of Schwab US Broad Market ETF by 3.4% in the second quarter. Avantax Advisory Services Inc. now owns 81,215 shares of the company’s stock valued at $1,935,000 after buying an additional 2,664 shares in the last quarter. Genesee Capital Advisors LLC grew its position in Schwab US Broad Market ETF by 1.6% during the second quarter. Genesee Capital Advisors LLC now owns 1,514,413 shares of the company’s stock worth $36,088,000 after buying an additional 23,607 shares in the last quarter. Boyum Wealth Architects LLC increased its stake in Schwab US Broad Market ETF by 10.3% during the 3rd quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock worth $31,508,000 after acquiring an additional 114,806 shares during the period. Cambridge Financial Group LLC raised its holdings in Schwab US Broad Market ETF by 43.8% in the 2nd quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock valued at $4,525,000 after acquiring an additional 57,856 shares in the last quarter. Finally, Weaver Capital Management LLC acquired a new position in Schwab US Broad Market ETF in the 3rd quarter valued at $35,322,000.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $26.79 on Friday. The firm has a market cap of $38.98 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.83. The business’s fifty day moving average is $26.18 and its 200-day moving average is $25.40.

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