Schwab US Broad Market ETF $SCHB Shares Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 102.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,864 shares of the company’s stock after acquiring an additional 70,203 shares during the quarter. Belpointe Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,570,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SCHB. Avantax Advisory Services Inc. increased its position in Schwab US Broad Market ETF by 3.4% during the second quarter. Avantax Advisory Services Inc. now owns 81,215 shares of the company’s stock worth $1,935,000 after purchasing an additional 2,664 shares during the last quarter. Boyum Wealth Architects LLC boosted its holdings in shares of Schwab US Broad Market ETF by 10.3% in the 3rd quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock valued at $31,508,000 after purchasing an additional 114,806 shares during the last quarter. Genesee Capital Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 1.6% during the 2nd 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 period. Cambridge Financial Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 43.8% during the 2nd quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock worth $4,525,000 after buying an additional 57,856 shares during the last quarter. Finally, Weaver Capital Management LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth $35,322,000.

Schwab US Broad Market ETF Trading Up 0.5%

SCHB stock opened at $26.75 on Tuesday. The company has a market cap of $38.99 billion, a PE ratio of 25.08 and a beta of 1.02. The stock has a 50-day moving average price of $26.32 and a two-hundred day moving average price of $25.63. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.89.

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