GPS Wealth Strategies Group LLC Raises Stake in Schwab US Broad Market ETF $SCHB

GPS Wealth Strategies Group LLC boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4,372.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 20,125 shares of the company’s stock after buying an additional 19,675 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Schwab US Broad Market ETF were worth $517,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. First Pacific Financial purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $51,000. Golden State Wealth Management LLC raised its position in Schwab US Broad Market ETF by 4,138.9% in the second quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after purchasing an additional 2,235 shares during the period. Addison Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF by 319.1% during the second quarter. Addison Advisors LLC now owns 2,364 shares of the company’s stock worth $56,000 after purchasing an additional 1,800 shares in the last quarter. Frazier Financial Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF by 18.7% during the second quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock worth $66,000 after purchasing an additional 434 shares in the last quarter. Finally, Godsey & Gibb Inc. boosted its position in shares of Schwab US Broad Market ETF by 37.7% in the second quarter. Godsey & Gibb Inc. now owns 2,895 shares of the company’s stock worth $69,000 after buying an additional 792 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $26.76 on Friday. The business’s 50-day simple moving average is $26.41 and its 200 day simple moving average is $25.66. The company has a market cap of $38.98 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 $26.94.

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