Value Investment Professionals LLC Buys New Shares in Schwab US Broad Market ETF $SCHB

Value Investment Professionals LLC bought a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 66,283 shares of the company’s stock, valued at approximately $1,920,000. Schwab US Broad Market ETF accounts for about 1.6% of Value Investment Professionals LLC’s holdings, making the stock its 17th largest holding.

A number of other institutional investors have also bought and sold shares of the business. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF in the first quarter valued at about $27,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth about $28,000. Wiser Advisor Group LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter worth about $29,000. Bayban bought a new stake in Schwab US Broad Market ETF during the 4th quarter valued at approximately $33,000. Finally, LRI Investments LLC bought a new stake in Schwab US Broad Market ETF during the 4th quarter valued at approximately $35,000.

Schwab US Broad Market ETF Trading Up 1.8%

NYSEARCA SCHB opened at $29.80 on Wednesday. Schwab US Broad Market ETF has a 12 month low of $24.17 and a 12 month high of $29.89. The stock has a market cap of $44.71 billion, a PE ratio of 25.08 and a beta of 1.02. The stock’s 50 day moving average is $28.85 and its 200 day moving average is $27.46.

About Schwab US Broad Market ETF

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.