Bell Investment Advisors Inc Raises Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Bell Investment Advisors Inc boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,248 shares of the company’s stock after buying an additional 469 shares during the period. Bell Investment Advisors Inc’s holdings in Schwab US Broad Market ETF were worth $1,210,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHB. Bruce G. Allen Investments LLC purchased a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at about $29,000. GAMMA Investing LLC purchased a new stake in Schwab US Broad Market ETF during the second quarter worth about $30,000. Johnson Financial Group Inc. increased its stake in Schwab US Broad Market ETF by 76.3% during the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after purchasing an additional 319 shares during the period. Scarborough Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the fourth quarter worth about $43,000. Finally, Principal Securities Inc. purchased a new stake in Schwab US Broad Market ETF during the fourth quarter worth about $46,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $64.08 on Thursday. The firm has a market capitalization of $29.46 billion, a PE ratio of 25.24 and a beta of 1.02. The firm’s 50-day moving average is $63.66 and its two-hundred day moving average is $61.73. Schwab US Broad Market ETF has a 1 year low of $47.46 and a 1 year high of $65.57.

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.