Compass Ion Advisors LLC Acquires 2,020 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Compass Ion Advisors LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 60,961 shares of the company’s stock after buying an additional 2,020 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 0.5% of Compass Ion Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Compass Ion Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $3,722,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Thrive Wealth Management LLC raised its holdings in Schwab US Broad Market ETF by 19.5% in the second quarter. Thrive Wealth Management LLC now owns 25,903 shares of the company’s stock worth $1,629,000 after purchasing an additional 4,234 shares during the period. Bond & Devick Financial Network Inc. lifted its stake in shares of Schwab US Broad Market ETF by 0.8% during the 2nd quarter. Bond & Devick Financial Network Inc. now owns 134,827 shares of the company’s stock worth $8,477,000 after buying an additional 1,095 shares during the last quarter. Gleason Group Inc. lifted its stake in shares of Schwab US Broad Market ETF by 1.6% during the 2nd quarter. Gleason Group Inc. now owns 30,510 shares of the company’s stock worth $1,918,000 after buying an additional 490 shares during the last quarter. Bruce G. Allen Investments LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $29,000. Finally, QRG Capital Management Inc. lifted its stake in shares of Schwab US Broad Market ETF by 12.7% during the 2nd quarter. QRG Capital Management Inc. now owns 10,286 shares of the company’s stock worth $647,000 after buying an additional 1,158 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock traded up $0.28 during midday trading on Friday, hitting $61.73. The company’s stock had a trading volume of 632,832 shares, compared to its average volume of 801,854. Schwab US Broad Market ETF has a 1-year low of $47.46 and a 1-year high of $65.57. The company has a 50-day moving average price of $62.98 and a two-hundred day moving average price of $60.70. The company has a market cap of $28.38 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.