Northwest Capital Management Inc increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,302 shares of the company’s stock after purchasing an additional 721 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.1% of Northwest Capital Management Inc’s holdings, making the stock its 21st biggest position. Northwest Capital Management Inc’s holdings in Schwab US Broad Market ETF were worth $1,009,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Steward Partners Investment Advisory LLC acquired a new stake in shares of Schwab US Broad Market ETF during the second quarter worth $26,000. Ellis Investment Partners LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at $27,000. Gradient Investments LLC lifted its holdings in Schwab US Broad Market ETF by 280.0% in the second quarter. Gradient Investments LLC now owns 494 shares of the company’s stock valued at $35,000 after acquiring an additional 364 shares during the period. Advisory Alpha LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at $37,000. Finally, Astor Investment Management LLC acquired a new stake in Schwab US Broad Market ETF in the second quarter valued at $44,000.
Schwab US Broad Market ETF stock traded down $0.07 during midday trading on Thursday, reaching $68.01. The company’s stock had a trading volume of 25,328 shares, compared to its average volume of 1,033,961. Schwab US Broad Market ETF has a fifty-two week low of $56.12 and a fifty-two week high of $72.63. The company’s 50 day simple moving average is $71.08.
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.
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