Isthmus Partners LLC Makes New $517,000 Investment in Schwab US Broad Market ETF $SCHB

Isthmus Partners LLC purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the third quarter, Holdings Channel reports. The institutional investor purchased 20,108 shares of the company’s stock, valued at approximately $517,000.

Several other large investors also recently modified their holdings of the company. Gallagher Fiduciary Advisors LLC lifted its holdings in 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 valued at $1,543,334,000 after buying an additional 62,061,116 shares during the period. Rebalance LLC grew its holdings in Schwab US Broad Market ETF by 10.0% during the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after acquiring an additional 1,320,879 shares during the period. SCS Capital Management LLC raised its position in shares of Schwab US Broad Market ETF by 2.7% in the 2nd quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after acquiring an additional 322,220 shares in the last quarter. Strid Group LLC lifted its stake in shares of Schwab US Broad Market ETF by 0.7% in the 3rd quarter. Strid Group LLC now owns 8,716,201 shares of the company’s stock valued at $224,094,000 after purchasing an additional 57,964 shares during the period. Finally, Bouchey Financial Group Ltd lifted its stake in shares of Schwab US Broad Market ETF by 0.5% in the 2nd quarter. Bouchey Financial Group Ltd now owns 8,275,927 shares of the company’s stock valued at $197,215,000 after purchasing an additional 37,462 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $26.62 on Friday. The stock has a market capitalization of $38.79 billion, a P/E ratio of 25.08 and a beta of 1.02. The business has a 50 day simple moving average of $26.52 and a 200 day simple moving average of $25.91. 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 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.