JPMorgan Chase & Co. Boosts Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

JPMorgan Chase & Co. raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 383,506 shares of the company’s stock after acquiring an additional 20,569 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.08% of Schwab US Broad Market ETF worth $25,511,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of Schwab US Broad Market ETF in the second quarter worth about $28,000. Joseph Group Capital Management purchased a new position in Schwab US Broad Market ETF in the 3rd quarter worth approximately $66,000. Northwest Investment Counselors LLC purchased a new position in Schwab US Broad Market ETF in the 3rd quarter worth approximately $69,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth approximately $79,000. Finally, Valley Wealth Managers Inc. grew its position in shares of Schwab US Broad Market ETF by 619.9% in the second quarter. Valley Wealth Managers Inc. now owns 1,555 shares of the company’s stock valued at $98,000 after purchasing an additional 1,339 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $22.83 on Wednesday. Schwab US Broad Market ETF has a one year low of $18.23 and a one year high of $23.73. The stock has a market cap of $10.49 billion, a PE ratio of 25.24 and a beta of 1.02. The stock has a 50 day moving average price of $23.07 and a 200 day moving average price of $22.08.

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.