Adams Wealth Management Acquires 23,754 Shares of Schwab US Broad Market ETF $SCHB

Adams Wealth Management grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 26.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,506 shares of the company’s stock after purchasing an additional 23,754 shares during the period. Adams Wealth Management’s holdings in Schwab US Broad Market ETF were worth $2,705,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHB. Christopher J. Hasenberg Inc lifted its position in shares of Schwab US Broad Market ETF by 310.6% during the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock worth $26,000 after acquiring an additional 820 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the 1st quarter worth about $30,000. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in Schwab US Broad Market ETF during the 1st quarter worth about $32,000. Brooklyn Investment Group bought a new position in Schwab US Broad Market ETF in the 1st quarter worth about $49,000. Finally, Golden State Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 4,138.9% during the 2nd quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after buying an additional 2,235 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 1.1%

Shares of Schwab US Broad Market ETF stock opened at $26.21 on Monday. The company’s 50-day moving average price is $25.98 and its 200-day moving average price is $24.95. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.57. The company has a market cap of $38.13 billion, a price-to-earnings ratio of 25.08 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.