Penney Financial LLC Purchases 75,093 Shares of Schwab US Broad Market ETF $SCHB

Penney Financial LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 257.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 104,248 shares of the company’s stock after purchasing an additional 75,093 shares during the quarter. Schwab US Broad Market ETF comprises about 1.3% of Penney Financial LLC’s investment portfolio, making the stock its 17th biggest position. Penney Financial LLC’s holdings in Schwab US Broad Market ETF were worth $2,484,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF in the first quarter worth about $25,000. Christopher J. Hasenberg Inc lifted its position in Schwab US Broad Market ETF by 310.6% during the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after purchasing an additional 820 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in Schwab US Broad Market ETF during the first quarter valued at $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in Schwab US Broad Market ETF during the first quarter valued at $32,000. Finally, Brooklyn Investment Group bought a new position in Schwab US Broad Market ETF during the first quarter valued at $49,000.

Schwab US Broad Market ETF Stock Down 0.4%

SCHB stock opened at $25.82 on Wednesday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $25.99. The company has a fifty day simple moving average of $25.09 and a two-hundred day simple moving average of $23.37. The firm has a market capitalization of $37.52 billion, a P/E ratio of 25.08 and a beta of 1.03.

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.