Smithbridge Asset Management Inc. DE Acquires New Shares in Schwab US Broad Market ETF $SCHB

Smithbridge Asset Management Inc. DE acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 19,237 shares of the company’s stock, valued at approximately $564,000.

Other large investors have also added to or reduced their stakes in the company. Hengehold Capital Management LLC acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $222,931,000. Forvis Mazars Wealth Advisors LLC bought a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $175,355,000. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $72,509,000. Legacy Private Trust Co. acquired a new position in Schwab US Broad Market ETF in the 3rd quarter valued at approximately $36,626,000. Finally, Retirement Planning Group LLC acquired a new position in Schwab US Broad Market ETF in the 3rd quarter valued at approximately $31,105,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $29.40 on Tuesday. The firm has a 50 day moving average price of $29.61 and a two-hundred day moving average price of $28.77. The stock has a market cap of $44.61 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.15.

Schwab US Broad Market ETF Company 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.