MML Investors Services LLC Boosts Stake in Schwab US Broad Market ETF (SCHB)

MML Investors Services LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 29.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,563 shares of the company’s stock after purchasing an additional 1,936 shares during the quarter. MML Investors Services LLC’s holdings in Schwab US Broad Market ETF were worth $603,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHB. SNS Financial Group LLC lifted its stake in shares of Schwab US Broad Market ETF by 20.2% in the 2nd quarter. SNS Financial Group LLC now owns 310,818 shares of the company’s stock valued at $20,511,000 after acquiring an additional 52,339 shares during the last quarter. Hanson & Doremus Investment Management lifted its stake in shares of Schwab US Broad Market ETF by 2.2% in the 2nd quarter. Hanson & Doremus Investment Management now owns 601,370 shares of the company’s stock valued at $39,684,000 after acquiring an additional 13,216 shares during the last quarter. Leonetti & Associates LLC raised its position in Schwab US Broad Market ETF by 22.7% during the 2nd quarter. Leonetti & Associates LLC now owns 4,322 shares of the company’s stock valued at $285,000 after purchasing an additional 800 shares during the last quarter. Carnegie Capital Asset Management LLC raised its position in Schwab US Broad Market ETF by 142.4% during the 2nd quarter. Carnegie Capital Asset Management LLC now owns 13,647 shares of the company’s stock valued at $930,000 after purchasing an additional 8,017 shares during the last quarter. Finally, White Pine Investment CO raised its position in Schwab US Broad Market ETF by 13.6% during the 2nd quarter. White Pine Investment CO now owns 28,225 shares of the company’s stock valued at $1,863,000 after purchasing an additional 3,386 shares during the last quarter.

Shares of NYSEARCA:SCHB opened at $66.40 on Monday. Schwab US Broad Market ETF has a 52-week low of $61.07 and a 52-week high of $71.36.

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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.

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

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