Orion Porfolio Solutions LLC Has $3.84 Million Stake in Schwab US Broad Market ETF $SCHB

Orion Porfolio Solutions LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 27.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,208 shares of the company’s stock after purchasing an additional 32,127 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Schwab US Broad Market ETF were worth $3,836,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Pacific Financial acquired a new position in Schwab US Broad Market ETF during the 3rd quarter worth $51,000. Golden State Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 4,138.9% during the second quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock worth $55,000 after acquiring an additional 2,235 shares during the last quarter. Addison Advisors LLC raised its position 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 acquiring an additional 1,800 shares during the last quarter. GW&K Investment Management LLC acquired a new position in shares of Schwab US Broad Market ETF during the third quarter valued at $69,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in Schwab US Broad Market ETF in the second quarter valued at about $77,000.

Schwab US Broad Market ETF Stock Down 1.4%

Shares of SCHB stock opened at $25.91 on Monday. The firm has a market cap of $37.75 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94. The stock has a 50-day moving average price of $26.54 and a 200 day moving average price of $26.05.

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.