Schwab US Broad Market ETF $SCHB Shares Bought by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 41.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,029 shares of the company’s stock after buying an additional 17,415 shares during the period. Summit Place Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,730,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Markowski Investments acquired a new stake in Schwab US Broad Market ETF during the 2nd quarter worth $31,000. Financial Life Planners acquired a new position in Schwab US Broad Market ETF in the first quarter valued at about $27,000. Compass Financial Management LLC acquired a new position in Schwab US Broad Market ETF in the second quarter valued at about $38,000. Albion Financial Group UT acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $38,000. Finally, Sound Income Strategies LLC acquired a new position in Schwab US Broad Market ETF in the first quarter valued at about $35,000.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $29.19 on Monday. Schwab US Broad Market ETF has a 1 year low of $24.28 and a 1 year high of $30.15. The business has a 50-day moving average of $29.57 and a two-hundred day moving average of $28.89. The company has a market capitalization of $44.35 billion, a P/E 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.