TPG Advisors LLC Makes New Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

TPG Advisors LLC bought a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 164,050 shares of the company’s stock, valued at approximately $10,314,000. Schwab US Broad Market ETF makes up about 8.8% of TPG Advisors LLC’s portfolio, making the stock its largest holding.

Other large investors have also made changes to their positions in the company. Strategic Financial Concepts LLC raised its holdings in shares of Schwab US Broad Market ETF by 6,212.4% during the second quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock worth $291,000 after acquiring an additional 4,621,937 shares in the last quarter. Rebalance LLC increased its holdings in Schwab US Broad Market ETF by 1.6% in the second quarter. Rebalance LLC now owns 3,656,627 shares of the company’s stock worth $229,892,000 after buying an additional 55,848 shares during the last quarter. Strid Group LLC lifted its stake in Schwab US Broad Market ETF by 7.6% in the second quarter. Strid Group LLC now owns 2,752,877 shares of the company’s stock valued at $173,073,000 after acquiring an additional 195,347 shares during the last quarter. Evergreen Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 1.0% during the 2nd quarter. Evergreen Advisors LLC now owns 2,182,804 shares of the company’s stock worth $137,233,000 after purchasing an additional 21,357 shares during the last quarter. Finally, Hanson & Doremus Investment Management raised its holdings in shares of Schwab US Broad Market ETF by 0.9% during the 2nd quarter. Hanson & Doremus Investment Management now owns 1,937,609 shares of the company’s stock valued at $121,817,000 after purchasing an additional 16,407 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.2 %

Shares of NYSEARCA:SCHB opened at $66.09 on Friday. Schwab US Broad Market ETF has a 1 year low of $47.46 and a 1 year high of $66.45. The firm has a fifty day moving average price of $63.83 and a 200 day moving average price of $62.00. The stock has a market capitalization of $30.38 billion, a PE ratio of 25.24 and a beta of 1.02.

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.