Redhawk Wealth Advisors Inc. Has $1.86 Million Stake in Schwab US Broad Market ETF $SCHB

Redhawk Wealth Advisors Inc. lowered its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 24.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,006 shares of the company’s stock after selling 23,380 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $1,862,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHB. Brighton Jones LLC boosted its stake in shares of Schwab US Broad Market ETF by 1,209.6% during the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after buying an additional 211,168 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after acquiring an additional 14,279 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Schwab US Broad Market ETF by 50.4% in the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after acquiring an additional 518,984 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in Schwab US Broad Market ETF during the second quarter worth about $218,000. Finally, JPMorgan Chase & Co. raised its holdings in Schwab US Broad Market ETF by 2.3% during the second quarter. JPMorgan Chase & Co. now owns 1,122,755 shares of the company’s stock worth $26,755,000 after acquiring an additional 25,441 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $24.50 on Friday. The stock has a 50 day moving average price of $26.22 and a 200 day moving average price of $26.10. The stock has a market capitalization of $35.70 billion, a PE 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 $26.94.

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.