Schwab US Broad Market ETF $SCHB Shares Bought by HBW Advisory Services LLC

HBW Advisory Services LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 117.4% during the third quarter, Holdings Channel.com reports. The fund owned 33,768 shares of the company’s stock after acquiring an additional 18,235 shares during the quarter. HBW Advisory Services LLC’s holdings in Schwab US Broad Market ETF were worth $990,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Markowski Investments bought a new position in shares of Schwab US Broad Market ETF in the second quarter worth approximately $31,000. Financial Life Planners purchased a new stake in shares of Schwab US Broad Market ETF in the first quarter worth $27,000. Bayban purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth $33,000. Compass Financial Management LLC bought a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter valued at $38,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at $35,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $29.63 on Friday. Schwab US Broad Market ETF has a one year low of $24.28 and a one year high of $30.15. The company’s fifty day moving average price is $29.64 and its 200-day moving average price is $28.71. The company has a market capitalization of $44.95 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.