HB Wealth Management LLC Has $172.11 Million Stock Holdings in Schwab US Broad Market ETF $SCHB

HB Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,694,089 shares of the company’s stock after buying an additional 197,532 shares during the quarter. Schwab US Broad Market ETF accounts for about 1.2% of HB Wealth Management LLC’s holdings, making the stock its 14th biggest position. HB Wealth Management LLC owned approximately 0.46% of Schwab US Broad Market ETF worth $172,105,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC lifted its position in Schwab US Broad Market ETF by 2,295.8% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after acquiring an additional 62,061,116 shares in the last quarter. Rebalance LLC raised its holdings in shares of Schwab US Broad Market ETF by 10.0% in the third quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock valued at $372,283,000 after purchasing an additional 1,320,879 shares during the last quarter. SCS Capital Management LLC lifted its position in shares of Schwab US Broad Market ETF by 2.7% during the second quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock valued at $291,284,000 after purchasing an additional 322,220 shares in the last quarter. Strid Group LLC boosted its holdings in Schwab US Broad Market ETF by 0.7% during the third quarter. Strid Group LLC now owns 8,716,201 shares of the company’s stock worth $224,094,000 after purchasing an additional 57,964 shares during the last quarter. Finally, Bouchey Financial Group Ltd grew its position in Schwab US Broad Market ETF by 0.5% in the 2nd quarter. Bouchey Financial Group Ltd now owns 8,275,927 shares of the company’s stock worth $197,215,000 after purchasing an additional 37,462 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $26.61 on Thursday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.77. The firm has a 50-day moving average price of $26.16 and a two-hundred day moving average price of $25.35. The firm has a market cap of $38.73 billion, a price-to-earnings ratio of 25.08 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.