B. Riley Wealth Advisors Inc. Purchases 4,425 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

B. Riley Wealth Advisors Inc. grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 172,590 shares of the company’s stock after acquiring an additional 4,425 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $10,886,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Bruce G. Allen Investments LLC bought a new stake in Schwab US Broad Market ETF during the second quarter worth about $29,000. GAMMA Investing LLC bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth approximately $30,000. Scarborough Advisors LLC bought a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at $43,000. Palisade Asset Management LLC bought a new position in shares of Schwab US Broad Market ETF during the first quarter valued at $56,000. Finally, Valued Wealth Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF in the 1st quarter worth about $61,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $66.24 on Monday. The firm has a market cap of $30.45 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $47.46 and a fifty-two week high of $66.59. The firm has a 50-day simple moving average of $63.99 and a two-hundred day simple moving average of $62.25.

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.