Adamsbrown Wealth Consultants LLC Purchases 509 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Adamsbrown Wealth Consultants LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 10.7% during the 2nd quarter, Holdings Channel reports. The fund owned 5,286 shares of the company’s stock after buying an additional 509 shares during the quarter. Adamsbrown Wealth Consultants LLC’s holdings in Schwab US Broad Market ETF were worth $273,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Ironwood Wealth Management LLC. lifted its stake in Schwab US Broad Market ETF by 112.8% in the first quarter. Ironwood Wealth Management LLC. now owns 5,972 shares of the company’s stock valued at $319,000 after buying an additional 3,165 shares in the last quarter. AMI Investment Management Inc. lifted its stake in Schwab US Broad Market ETF by 81.8% in the first quarter. AMI Investment Management Inc. now owns 67,978 shares of the company’s stock valued at $3,629,000 after buying an additional 30,577 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Schwab US Broad Market ETF by 1,065.3% in the first quarter. JPMorgan Chase & Co. now owns 18,400 shares of the company’s stock valued at $983,000 after buying an additional 16,821 shares in the last quarter. Raymond James & Associates lifted its stake in Schwab US Broad Market ETF by 134.8% in the first quarter. Raymond James & Associates now owns 73,871 shares of the company’s stock valued at $3,944,000 after buying an additional 42,404 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Schwab US Broad Market ETF by 102.5% in the first quarter. Bank of New York Mellon Corp now owns 9,613 shares of the company’s stock valued at $513,000 after buying an additional 4,866 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $51.77 on Tuesday. Schwab US Broad Market ETF has a twelve month low of $40.92 and a twelve month high of $53.71. The firm’s 50 day moving average price is $52.27 and its two-hundred day moving average price is $49.84. The firm has a market cap of $23.06 billion, a P/E ratio of 17.59 and a beta of 1.03.

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.