Landaas & Co. WI ADV Makes New Investment in Schwab US Broad Market ETF $SCHB

Landaas & Co. WI ADV purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the third quarter, HoldingsChannel reports. The firm purchased 22,280 shares of the company’s stock, valued at approximately $653,000.

Other hedge funds have also recently made changes to their positions in the company. MBA Advisors LLC grew its stake in Schwab US Broad Market ETF by 1.0% in the 3rd quarter. MBA Advisors LLC now owns 211,059 shares of the company’s stock worth $6,186,000 after acquiring an additional 2,181 shares in the last quarter. TSG Advice Partners LLC purchased a new position in shares of Schwab US Broad Market ETF during the third quarter worth approximately $412,000. Trek Financial LLC increased its position in shares of Schwab US Broad Market ETF by 30.8% during the third quarter. Trek Financial LLC now owns 16,799 shares of the company’s stock worth $492,000 after acquiring an additional 3,951 shares during the period. True Freedom Investing LLC raised its stake in shares of Schwab US Broad Market ETF by 7.3% during the third quarter. True Freedom Investing LLC now owns 254,778 shares of the company’s stock valued at $7,468,000 after acquiring an additional 17,243 shares in the last quarter. Finally, Pinkerton Wealth LLC bought a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $8,043,000.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $28.95 on Tuesday. The company has a market capitalization of $44.02 billion, a PE ratio of 25.08 and a beta of 1.02. The company has a 50 day moving average price of $29.53 and a 200-day moving average price of $28.13. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15.

Schwab US Broad Market ETF 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.