54,012 Shares in Schwab US Broad Market ETF $SCHB Bought by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 54,012 shares of the company’s stock, valued at approximately $1,583,000.

Several other institutional investors also recently modified their holdings of the stock. Segment Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 2.3% during the third quarter. Segment Wealth Management LLC now owns 111,446 shares of the company’s stock worth $3,266,000 after purchasing an additional 2,455 shares during the period. Patton Albertson Miller Group LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $779,000. Noesis Capital Mangement Corp acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $361,000. Davidson Kahn Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF by 17.3% in the 3rd quarter. Davidson Kahn Capital Management LLC now owns 808,109 shares of the company’s stock valued at $23,686,000 after purchasing an additional 119,426 shares during the period. Finally, Morton Brown Family Wealth LLC increased its stake in Schwab US Broad Market ETF by 2.1% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 4,352,012 shares of the company’s stock worth $127,557,000 after purchasing an additional 90,503 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $29.07 on Monday. The business’s 50-day moving average price is $29.55 and its 200 day moving average price is $28.12. The stock has a market capitalization of $44.20 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $24.28 and a 1-year 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.