Madison Wealth Partners Inc Buys 8,955 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Madison Wealth Partners Inc grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 127,099 shares of the company’s stock after buying an additional 8,955 shares during the period. Schwab US Broad Market ETF makes up 2.7% of Madison Wealth Partners Inc’s investment portfolio, making the stock its 7th biggest holding. Madison Wealth Partners Inc’s holdings in Schwab US Broad Market ETF were worth $7,991,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Bruce G. Allen Investments LLC acquired a new position in Schwab US Broad Market ETF in the second quarter worth about $29,000. GAMMA Investing LLC bought a new position in Schwab US Broad Market ETF during the 2nd quarter valued at about $30,000. Johnson Financial Group Inc. boosted its position in Schwab US Broad Market ETF by 76.3% in the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock valued at $41,000 after buying an additional 319 shares in the last quarter. Scarborough Advisors LLC bought a new stake in Schwab US Broad Market ETF during the fourth quarter worth about $43,000. Finally, Principal Securities Inc. acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth approximately $46,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $65.22 on Tuesday. The company has a market capitalization of $29.98 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $65.57. The business’s 50 day simple moving average is $63.73 and its 200-day simple moving average is $61.87.

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.