MidWestOne Financial Group Inc. Acquires 24,478 Shares of Schwab US Broad Market ETF $SCHB

MidWestOne Financial Group Inc. grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 604,715 shares of the company’s stock after buying an additional 24,478 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.9% of MidWestOne Financial Group Inc.’s holdings, making the stock its 9th biggest holding. MidWestOne Financial Group Inc.’s holdings in Schwab US Broad Market ETF were worth $15,547,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. First Pacific Financial bought a new stake in Schwab US Broad Market ETF in the third quarter valued at about $51,000. Golden State Wealth Management LLC grew its position in Schwab US Broad Market ETF by 4,138.9% in the second quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after acquiring an additional 2,235 shares during the period. Addison Advisors LLC raised its stake in Schwab US Broad Market ETF by 319.1% during the second quarter. Addison Advisors LLC now owns 2,364 shares of the company’s stock worth $56,000 after acquiring an additional 1,800 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $77,000. Finally, Capital A Wealth Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 2,021.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 3,968 shares of the company’s stock valued at $95,000 after purchasing an additional 3,781 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $26.33 on Friday. The firm has a market cap of $38.36 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm’s 50-day simple moving average is $26.51 and its 200-day simple moving average is $25.83. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.94.

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.