Winthrop Advisory Group LLC Has $59.35 Million Position in Schwab US Broad Market ETF $SCHB

Winthrop Advisory Group LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,308,553 shares of the company’s stock after purchasing an additional 23,233 shares during the period. Schwab US Broad Market ETF comprises approximately 5.2% of Winthrop Advisory Group LLC’s portfolio, making the stock its 8th largest holding. Winthrop Advisory Group LLC’s holdings in Schwab US Broad Market ETF were worth $59,353,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gallagher Fiduciary Advisors LLC raised its position in Schwab US Broad Market ETF by 2,295.8% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after purchasing an additional 62,061,116 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $161,574,000. AlphaCore Capital LLC raised its holdings in Schwab US Broad Market ETF by 1,400.4% in the 2nd quarter. AlphaCore Capital LLC now owns 5,953,464 shares of the company’s stock valued at $141,871,000 after buying an additional 5,556,673 shares during the last quarter. Weaver Capital Management LLC acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $35,322,000. Finally, Rebalance LLC boosted its position in Schwab US Broad Market ETF by 10.0% during the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after buying an additional 1,320,879 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $26.79 on Friday. The firm has a 50 day moving average price of $26.18 and a two-hundred day moving average price of $25.40. The stock 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.

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