Opes Wealth Management LLC Has $10.90 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Opes Wealth Management LLC trimmed its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 173,434 shares of the company’s stock after selling 6,642 shares during the period. Schwab US Broad Market ETF makes up 2.3% of Opes Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Opes Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $10,904,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brio Consultants LLC lifted its holdings in shares of Schwab US Broad Market ETF by 21.2% in the fourth quarter. Brio Consultants LLC now owns 5,509 shares of the company’s stock worth $307,000 after buying an additional 965 shares in the last quarter. Private Advisor Group LLC lifted its stake in Schwab US Broad Market ETF by 7.2% in the 4th quarter. Private Advisor Group LLC now owns 65,572 shares of the company’s stock worth $3,650,000 after purchasing an additional 4,425 shares in the last quarter. Lincoln National Corp boosted its holdings in Schwab US Broad Market ETF by 98.7% in the 4th quarter. Lincoln National Corp now owns 11,857 shares of the company’s stock valued at $660,000 after purchasing an additional 5,891 shares during the period. Apollon Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 47.4% in the 4th quarter. Apollon Wealth Management LLC now owns 8,233 shares of the company’s stock valued at $458,000 after purchasing an additional 2,647 shares during the period. Finally, Principal Securities Inc. purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $46,000.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $62.54 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $47.46 and a fifty-two week high of $65.57. The stock has a market cap of $28.75 billion, a P/E ratio of 25.24 and a beta of 1.02. The firm’s fifty day moving average price is $63.64 and its 200-day moving average price is $61.60.

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.