Eagle Harbor Asset Management Inc. ADV Buys 41,884 Shares of Schwab US Broad Market ETF $SCHB

Eagle Harbor Asset Management Inc. ADV bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, HoldingsChannel reports. The fund bought 41,884 shares of the company’s stock, valued at approximately $1,228,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Financial Life Planners bought a new stake in Schwab US Broad Market ETF during the 1st quarter worth about $27,000. Markowski Investments acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $31,000. Sound Income Strategies LLC acquired a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth about $35,000. Compass Financial Management LLC acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $38,000. Finally, NWK Group Inc. grew its holdings in shares of Schwab US Broad Market ETF by 23.0% in the 1st quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock valued at $48,000 after acquiring an additional 355 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $29.51 on Wednesday. The stock’s 50-day simple moving average is $29.61 and its 200 day simple moving average is $28.80. The company has a market cap of $44.78 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.

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.