PFG Advisors Acquires Shares of 151,317 Schwab US Broad Market ETF $SCHB

PFG Advisors bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 151,317 shares of the company’s stock, valued at approximately $3,890,000.

Several other hedge funds also recently made changes to their positions in the company. First Pacific Financial bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $51,000. Addison Advisors LLC lifted 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 purchasing an additional 1,800 shares during the last quarter. GW&K Investment Management LLC bought a new position in Schwab US Broad Market ETF during the third quarter worth $69,000. Twin Peaks Wealth Advisors LLC acquired a new position in Schwab US Broad Market ETF in the second quarter worth $77,000. Finally, Capital A Wealth Management LLC boosted its holdings in Schwab US Broad Market ETF by 2,021.9% in the second quarter. Capital A Wealth Management LLC now owns 3,968 shares of the company’s stock worth $95,000 after purchasing an additional 3,781 shares during the period.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $26.15 on Tuesday. The firm has a market cap of $38.10 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.94. The firm has a fifty day moving average price of $26.54 and a two-hundred day moving average price of $26.06.

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.