287,299 Shares in Schwab US Broad Market ETF $SCHB Acquired by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 287,299 shares of the company’s stock, valued at approximately $8,320,000.

A number of other hedge funds also recently made changes to their positions in the stock. Farrow Financial Inc. grew its position in Schwab US Broad Market ETF by 47.1% during the 4th quarter. Farrow Financial Inc. now owns 83,285 shares of the company’s stock worth $2,185,000 after acquiring an additional 26,673 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 52.3% in the fourth quarter. Farther Finance Advisors LLC now owns 662,755 shares of the company’s stock valued at $17,384,000 after acquiring an additional 227,602 shares during the last quarter. BCS Wealth Management increased its position in shares of Schwab US Broad Market ETF by 91.2% during the fourth quarter. BCS Wealth Management now owns 269,882 shares of the company’s stock worth $7,079,000 after buying an additional 128,741 shares during the period. Lawood & Co. acquired a new stake in Schwab US Broad Market ETF during the 4th quarter worth about $879,000. Finally, HHM Wealth Advisors LLC grew its stake in Schwab US Broad Market ETF by 2.2% during the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after purchasing an additional 108,943 shares during the period.

Schwab US Broad Market ETF Stock Up 0.8%

NYSEARCA:SCHB opened at $29.90 on Friday. The firm has a market capitalization of $44.86 billion, a P/E ratio of 25.08 and a beta of 1.02. The company has a fifty day moving average of $28.89 and a 200-day moving average of $27.52. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.01.

About Schwab US Broad Market ETF

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.