17,415 Schwab US Broad Market ETF $SCHB Shares Bought by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 41.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,029 shares of the company’s stock after purchasing 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 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Randolph Co Inc acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $258,000. Lederer & Associates Investment Counsel CA grew its position in shares of Schwab US Broad Market ETF by 19.5% during the 3rd quarter. Lederer & Associates Investment Counsel CA now owns 24,470 shares of the company’s stock worth $717,000 after buying an additional 3,996 shares during the period. Valley National Advisers Inc. acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $27,227,000. Bond & Devick Financial Network Inc. grew its position in shares of Schwab US Broad Market ETF by 0.7% during the 3rd quarter. Bond & Devick Financial Network Inc. now owns 620,679 shares of the company’s stock worth $18,192,000 after buying an additional 4,247 shares during the period. Finally, Evanson Financial LLC increased its stake in shares of Schwab US Broad Market ETF by 4.8% in the 3rd quarter. Evanson Financial LLC now owns 40,834 shares of the company’s stock valued at $1,197,000 after acquiring an additional 1,856 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $29.19 on Monday. The stock has a market cap of $44.35 billion, a PE ratio of 25.08 and a beta of 1.02. The stock has a 50-day moving average of $29.57 and a 200-day moving average of $28.89. Schwab US Broad Market ETF has a one year low of $24.28 and a one year 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.