Schwab US Broad Market ETF $SCHB Stock Position Boosted by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,334,210 shares of the company’s stock after buying an additional 85,409 shares during the quarter. Schwab US Broad Market ETF makes up 3.2% of Forvis Mazars Wealth Advisors LLC’s holdings, making the stock its 3rd largest holding. Forvis Mazars Wealth Advisors LLC owned about 0.44% of Schwab US Broad Market ETF worth $162,853,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in SCHB. Avantax Advisory Services Inc. increased its stake in Schwab US Broad Market ETF by 3.4% during the 2nd quarter. Avantax Advisory Services Inc. now owns 81,215 shares of the company’s stock valued at $1,935,000 after purchasing an additional 2,664 shares in the last quarter. Genesee Capital Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF by 1.6% during the second quarter. Genesee Capital Advisors LLC now owns 1,514,413 shares of the company’s stock valued at $36,088,000 after buying an additional 23,607 shares during the last quarter. Boyum Wealth Architects LLC grew its holdings in shares of Schwab US Broad Market ETF by 10.3% during the third quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock valued at $31,508,000 after buying an additional 114,806 shares during the last quarter. Cambridge Financial Group LLC increased its position in shares of Schwab US Broad Market ETF by 43.8% in the 2nd quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock valued at $4,525,000 after acquiring an additional 57,856 shares during the period. Finally, Weaver Capital Management LLC purchased a new position in Schwab US Broad Market ETF in the 3rd quarter worth $35,322,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $26.21 on Wednesday. The stock has a 50-day moving average of $26.26 and a two-hundred day moving average of $25.55. The stock has a market cap of $38.19 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $26.89.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.