Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Sage Financial Group Inc.

Sage Financial Group Inc. increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 22.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 6,767 shares of the company’s stock after acquiring an additional 1,254 shares during the period. Sage Financial Group Inc.’s holdings in Schwab US Broad Market ETF were worth $425,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SCHB. Goldman Sachs Group Inc. increased its position in Schwab US Broad Market ETF by 239.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock worth $31,693,000 after purchasing an additional 401,485 shares during the last quarter. NYL Investors LLC increased its position in Schwab US Broad Market ETF by 43.1% during the fourth quarter. NYL Investors LLC now owns 70,000 shares of the company’s stock worth $3,897,000 after purchasing an additional 21,100 shares during the last quarter. Agilis Partners LLC increased its position in Schwab US Broad Market ETF by 6.6% during the fourth quarter. Agilis Partners LLC now owns 903,629 shares of the company’s stock worth $50,305,000 after purchasing an additional 55,670 shares during the last quarter. EP Wealth Advisors LLC increased its position in Schwab US Broad Market ETF by 64.8% during the fourth quarter. EP Wealth Advisors LLC now owns 33,102 shares of the company’s stock worth $1,843,000 after purchasing an additional 13,019 shares during the last quarter. Finally, Burkett Financial Services LLC acquired a new position in Schwab US Broad Market ETF during the fourth quarter worth approximately $603,000.

Schwab US Broad Market ETF Price Performance

SCHB stock remained flat at $63.94 on Wednesday. 300,458 shares of the company traded hands, compared to its average volume of 784,022. 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 fifty day simple moving average of $63.62 and a two-hundred day simple moving average of $61.54. The firm has a market cap of $29.39 billion, a PE 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.