Schwab US Broad Market ETF $SCHB Shares Newly Acquired by Valley National Advisers Inc.

Valley National Advisers Inc. purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 928,932 shares of the company’s stock, valued at approximately $27,227,000. Schwab US Broad Market ETF makes up 3.0% of Valley National Advisers Inc.’s investment portfolio, making the stock its 7th largest holding. Valley National Advisers Inc. owned about 0.06% of Schwab US Broad Market ETF as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Bond & Devick Financial Network Inc. grew its holdings in Schwab US Broad Market ETF by 0.7% in the third quarter. Bond & Devick Financial Network Inc. now owns 620,679 shares of the company’s stock valued at $18,192,000 after purchasing an additional 4,247 shares during the period. Evanson Financial LLC increased its position in shares of Schwab US Broad Market ETF by 4.8% in the third quarter. Evanson Financial LLC now owns 40,834 shares of the company’s stock valued at $1,197,000 after buying an additional 1,856 shares in the last quarter. Simplicity Wealth LLC raised its stake in shares of Schwab US Broad Market ETF by 13.0% during the 3rd quarter. Simplicity Wealth LLC now owns 106,020 shares of the company’s stock worth $3,107,000 after buying an additional 12,222 shares during the period. Sowell Financial Services LLC acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $215,000. Finally, Evergreen Capital Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at approximately $566,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $29.19 on Friday. The business’s 50 day moving average price is $29.57 and its 200-day moving average price is $28.86. Schwab US Broad Market ETF has a 1 year low of $24.28 and a 1 year high of $30.15. The firm has a market capitalization of $44.35 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

Schwab US Broad Market ETF Company 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.