Williams Financial LLC Buys Shares of 38,682 Schwab US Broad Market ETF (NYSEARCA:SCHB)

Williams Financial LLC acquired a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 38,682 shares of the company’s stock, valued at approximately $2,352,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wealthspire Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 1.0% during the second quarter. Wealthspire Advisors LLC now owns 62,165 shares of the company’s stock valued at $3,908,000 after acquiring an additional 622 shares during the last quarter. Hardin Capital Partners LLC purchased a new stake in Schwab US Broad Market ETF during the 2nd quarter worth approximately $383,000. Valley Wealth Managers Inc. boosted its position in Schwab US Broad Market ETF by 619.9% in the 2nd quarter. Valley Wealth Managers Inc. now owns 1,555 shares of the company’s stock valued at $98,000 after buying an additional 1,339 shares during the period. Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at $444,000. Finally, Seaside Wealth Management Inc. raised its position in Schwab US Broad Market ETF by 10.7% in the 2nd quarter. Seaside Wealth Management Inc. now owns 53,493 shares of the company’s stock valued at $3,363,000 after purchasing an additional 5,169 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $65.06 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 company’s 50 day moving average price is $63.70 and its 200 day moving average price is $61.81. The firm has a market capitalization of $29.91 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.