Wealth Enhancement Advisory Services LLC Grows Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Wealth Enhancement Advisory Services LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 86.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 263,651 shares of the company’s stock after purchasing an additional 121,893 shares during the period. Schwab US Broad Market ETF comprises about 0.8% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 22nd largest position. Wealth Enhancement Advisory Services LLC owned about 0.12% of Schwab US Broad Market ETF worth $19,094,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Milliman Financial Risk Management LLC lifted its holdings in Schwab US Broad Market ETF by 38.1% in the 1st quarter. Milliman Financial Risk Management LLC now owns 12,655,045 shares of the company’s stock valued at $861,176,000 after purchasing an additional 3,494,456 shares in the last quarter. Northern Trust Corp increased its position in Schwab US Broad Market ETF by 1.0% during the 1st quarter. Northern Trust Corp now owns 3,063,100 shares of the company’s stock worth $208,444,000 after purchasing an additional 29,735 shares in the last quarter. Evensky & Katz LLC increased its position in Schwab US Broad Market ETF by 4.0% during the 1st quarter. Evensky & Katz LLC now owns 2,757,229 shares of the company’s stock worth $187,629,000 after purchasing an additional 106,905 shares in the last quarter. Retirement Planning Group increased its position in Schwab US Broad Market ETF by 3.3% during the 2nd quarter. Retirement Planning Group now owns 1,301,811 shares of the company’s stock worth $91,817,000 after purchasing an additional 41,063 shares in the last quarter. Finally, Evergreen Advisors LLC increased its position in Schwab US Broad Market ETF by 2.2% during the 2nd quarter. Evergreen Advisors LLC now owns 1,099,060 shares of the company’s stock worth $77,517,000 after purchasing an additional 23,609 shares in the last quarter.

SCHB traded down $0.04 on Thursday, reaching $68.04. 32,228 shares of the company’s stock were exchanged, compared to its average volume of 1,033,961. The company’s 50 day simple moving average is $71.08. Schwab US Broad Market ETF has a twelve month low of $56.12 and a twelve month high of $72.63.



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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