Schwab US Broad Market ETF $SCHB Stock: True Freedom Investing LLC Grows Stake

True Freedom Investing LLC raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 254,778 shares of the company’s stock after acquiring an additional 17,243 shares during the quarter. Schwab US Broad Market ETF makes up 1.2% of True Freedom Investing LLC’s portfolio, making the stock its 19th largest holding. True Freedom Investing LLC’s holdings in Schwab US Broad Market ETF were worth $7,468,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Markowski Investments bought a new position in shares of Schwab US Broad Market ETF in the second quarter worth about $31,000. Sound Income Strategies LLC bought a new stake in Schwab US Broad Market ETF during the 1st quarter worth approximately $35,000. Compass Financial Management LLC purchased a new position in Schwab US Broad Market ETF during the second quarter valued at approximately $38,000. Albion Financial Group UT purchased a new position in Schwab US Broad Market ETF during the third quarter valued at approximately $38,000. Finally, NWK Group Inc. increased its stake in shares of Schwab US Broad Market ETF by 23.0% in the first quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock worth $48,000 after purchasing an additional 355 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

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

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.