Schwab US Broad Market ETF $SCHB is Sunburst Financial Group LLC’s Largest Position

Sunburst Financial Group LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.9% in the fourth quarter, Holdings Channel reports. The firm owned 2,126,176 shares of the company’s stock after purchasing an additional 39,321 shares during the period. Schwab US Broad Market ETF comprises 11.3% of Sunburst Financial Group LLC’s holdings, making the stock its largest position. Sunburst Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $55,770,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of SCHB. Gallagher Fiduciary Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 2,295.8% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after buying an additional 62,061,116 shares during the last quarter. Caprock Group LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $54,987,000. Boulder Wealth Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $40,435,000. Weaver Capital Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $35,322,000. Finally, Rebalance LLC increased its position in shares of Schwab US Broad Market ETF by 10.0% in the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock valued at $372,283,000 after acquiring an additional 1,320,879 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $25.33 on Monday. The business has a fifty day moving average of $26.07 and a 200 day moving average of $26.09. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.94. The firm has a market capitalization of $37.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.