SNS Financial Group LLC Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

SNS Financial Group LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 335,406 shares of the company’s stock after purchasing an additional 21,292 shares during the quarter. Schwab US Broad Market ETF makes up 5.0% of SNS Financial Group LLC’s portfolio, making the stock its 2nd biggest holding. SNS Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $22,824,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHB. Berman Capital Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at $26,000. Advisory Alpha LLC purchased a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at $37,000. Liberty Wealth Management LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at $34,000. Main Management LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at $35,000. Finally, Financial Gravity Wealth Inc. purchased a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at $45,000.

Shares of NYSEARCA:SCHB traded down $0.19 on Friday, hitting $69.43. The company had a trading volume of 309,247 shares, compared to its average volume of 1,145,052. Schwab US Broad Market ETF has a 52-week low of $56.12 and a 52-week high of $71.36.

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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.

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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