Schwab US Broad Market ETF $SCHB Stake Raised by True Freedom Investing LLC

True Freedom Investing LLC raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 254,778 shares of the company’s stock after buying an additional 17,243 shares during the quarter. Schwab US Broad Market ETF comprises about 1.2% of True Freedom Investing LLC’s holdings, making the stock its 19th largest position. True Freedom Investing LLC’s holdings in Schwab US Broad Market ETF were worth $7,468,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Rebalance LLC lifted its stake in Schwab US Broad Market ETF by 3.7% during the third quarter. Rebalance LLC now owns 15,288,013 shares of the company’s stock worth $448,092,000 after purchasing an additional 549,560 shares during the last quarter. Hengehold Capital Management LLC bought a new stake in shares of Schwab US Broad Market ETF in the third quarter worth about $222,931,000. Hanson & Doremus Investment Management increased its stake in shares of Schwab US Broad Market ETF by 1.3% during the third quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock valued at $208,986,000 after buying an additional 94,860 shares during the period. Evergreen Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 1.8% during the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock valued at $157,632,000 after purchasing an additional 112,717 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC bought a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $175,355,000.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $29.07 on Monday. The stock has a market cap of $44.20 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm’s 50-day moving average is $29.55 and its 200 day moving average is $28.12. Schwab US Broad Market ETF has a 1 year low of $24.28 and a 1 year high of $30.15.

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.