Barrett & Company Inc. Buys New Stake in Schwab US Broad Market ETF $SCHB

Barrett & Company Inc. purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 39,725 shares of the company’s stock, valued at approximately $1,164,000.

Several other institutional investors also recently modified their holdings of SCHB. NWK Group Inc. increased its stake in shares of Schwab US Broad Market ETF by 23.0% in the first quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock valued at $48,000 after buying an additional 355 shares during the period. Greenleaf Trust lifted its holdings in Schwab US Broad Market ETF by 0.9% in the second quarter. Greenleaf Trust now owns 40,725 shares of the company’s stock valued at $1,179,000 after buying an additional 375 shares during the period. NerdWallet Wealth Partners LLC boosted its position in Schwab US Broad Market ETF by 4.5% during the first quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock valued at $226,000 after acquiring an additional 385 shares during the last quarter. Selby Wealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 0.3% in the 3rd quarter. Selby Wealth Management LLC now owns 130,852 shares of the company’s stock valued at $3,835,000 after purchasing an additional 394 shares during the period. Finally, Wealthgarden F.S. LLC increased its holdings in Schwab US Broad Market ETF by 1.2% in the first quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after purchasing an additional 395 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.5%

Schwab US Broad Market ETF stock opened at $29.19 on Friday. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.15. The firm’s fifty day moving average is $29.57 and its 200 day moving average is $28.86. The company has a market capitalization of $44.35 billion, a PE ratio of 25.08 and a beta of 1.02.

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.