Townsquare Capital LLC Makes New $354,000 Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Townsquare Capital LLC acquired a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 2nd quarter, HoldingsChannel reports. The fund acquired 4,736 shares of the company’s stock, valued at approximately $354,000.

Several other hedge funds also recently made changes to their positions in SCHB. Advisor Group Holdings Inc. acquired a new stake in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $15,864,000. Wealth Enhancement Advisory Services LLC grew its position in Schwab US Broad Market ETF by 1,355.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,950,061 shares of the company’s stock valued at $154,731,000 after purchasing an additional 2,747,403 shares during the period. HBK Sorce Advisory LLC grew its position in Schwab US Broad Market ETF by 475.7% in the 1st quarter. HBK Sorce Advisory LLC now owns 913,748 shares of the company’s stock valued at $55,218,000 after purchasing an additional 755,030 shares during the period. Personal Capital Advisors Corp grew its position in Schwab US Broad Market ETF by 207.9% in the 1st quarter. Personal Capital Advisors Corp now owns 842,986 shares of the company’s stock valued at $53,278,000 after purchasing an additional 569,167 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at $41,185,000.

NYSEARCA SCHB traded up $1.24 during mid-day trading on Tuesday, hitting $80.57. The company’s stock had a trading volume of 11,352 shares, compared to its average volume of 1,608,979. The company’s 50 day simple moving average is $80.28 and its 200 day simple moving average is $71.81. Schwab US Broad Market ETF has a twelve month low of $51.38 and a twelve month high of $85.24.

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.

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Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHB).

Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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