Firestone Capital Management Raises Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Firestone Capital Management raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 10.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,443 shares of the company’s stock after buying an additional 6,896 shares during the quarter. Schwab US Broad Market ETF comprises 1.2% of Firestone Capital Management’s portfolio, making the stock its 21st largest holding. Firestone Capital Management’s holdings in Schwab US Broad Market ETF were worth $4,429,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Strategic Financial Concepts LLC grew its stake in Schwab US Broad Market ETF by 6,212.4% during the second quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock valued at $291,000 after acquiring an additional 4,621,937 shares in the last quarter. Rebalance LLC grew its position in shares of Schwab US Broad Market ETF by 1.6% during the 2nd quarter. Rebalance LLC now owns 3,656,627 shares of the company’s stock valued at $229,892,000 after purchasing an additional 55,848 shares in the last quarter. Strid Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 7.6% in the second quarter. Strid Group LLC now owns 2,752,877 shares of the company’s stock worth $173,073,000 after purchasing an additional 195,347 shares during the period. Evergreen Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 1.0% in the second quarter. Evergreen Advisors LLC now owns 2,182,804 shares of the company’s stock worth $137,233,000 after buying an additional 21,357 shares in the last quarter. Finally, Hanson & Doremus Investment Management boosted its stake in Schwab US Broad Market ETF by 0.9% during the second quarter. Hanson & Doremus Investment Management now owns 1,937,609 shares of the company’s stock valued at $121,817,000 after buying an additional 16,407 shares during the period.

Schwab US Broad Market ETF Stock Up 0.2 %

Schwab US Broad Market ETF stock opened at $65.22 on Tuesday. The stock has a market cap of $29.98 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business has a 50-day simple moving average of $63.73 and a 200 day simple moving average of $61.87. Schwab US Broad Market ETF has a 52 week low of $47.46 and a 52 week high of $65.57.

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.