Carnegie Investment Counsel Purchases 495 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Carnegie Investment Counsel boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,197 shares of the company’s stock after acquiring an additional 495 shares during the period. Carnegie Investment Counsel’s holdings in Schwab US Broad Market ETF were worth $830,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sunpointe LLC bought a new position in Schwab US Broad Market ETF during the second quarter worth about $26,069,000. Continuum Advisory LLC boosted its holdings in Schwab US Broad Market ETF by 3.1% during the second quarter. Continuum Advisory LLC now owns 19,608 shares of the company’s stock worth $1,233,000 after buying an additional 596 shares during the last quarter. Accredited Investors Inc. boosted its holdings in Schwab US Broad Market ETF by 55.5% during the second quarter. Accredited Investors Inc. now owns 1,611,625 shares of the company’s stock worth $101,323,000 after buying an additional 575,019 shares during the last quarter. Altus Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 1.6% during the second quarter. Altus Wealth Management LLC now owns 9,988 shares of the company’s stock worth $628,000 after buying an additional 158 shares during the last quarter. Finally, Zhang Financial LLC boosted its holdings in Schwab US Broad Market ETF by 0.4% during the second quarter. Zhang Financial LLC now owns 152,938 shares of the company’s stock worth $9,615,000 after buying an additional 548 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB traded up $0.18 during midday trading on Wednesday, reaching $64.77. 157,234 shares of the company were exchanged, compared to its average volume of 789,774. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $65.57. The stock has a market capitalization of $29.77 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock’s 50-day simple moving average is $63.24 and its 200 day simple moving average is $61.05.

Schwab US Broad Market ETF 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.