Boyum Wealth Architects LLC Purchases 114,806 Shares of Schwab US Broad Market ETF $SCHB

Boyum Wealth Architects LLC lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 10.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,225,521 shares of the company’s stock after acquiring an additional 114,806 shares during the period. Schwab US Broad Market ETF accounts for approximately 19.4% of Boyum Wealth Architects LLC’s portfolio, making the stock its biggest holding. Boyum Wealth Architects LLC’s holdings in Schwab US Broad Market ETF were worth $31,508,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHB. Gallagher Fiduciary Advisors LLC raised its stake in Schwab US Broad Market ETF by 2,295.8% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after acquiring an additional 62,061,116 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab US Broad Market ETF during the second quarter valued at about $161,574,000. AlphaCore Capital LLC lifted its holdings in Schwab US Broad Market ETF by 1,400.4% in the second quarter. AlphaCore Capital LLC now owns 5,953,464 shares of the company’s stock worth $141,871,000 after purchasing an additional 5,556,673 shares during the period. Kestra Advisory Services LLC grew its position in Schwab US Broad Market ETF by 1,807.0% in the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock valued at $47,421,000 after buying an additional 1,903,192 shares in the last quarter. Finally, SCS Capital Management LLC grew its position in Schwab US Broad Market ETF by 16.6% in the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after buying an additional 1,697,159 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.2%

Schwab US Broad Market ETF stock opened at $26.16 on Tuesday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.57. The stock has a market cap of $38.06 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The company’s 50-day moving average price is $25.99 and its two-hundred day moving average price is $24.97.

About Schwab US Broad Market ETF

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.