Schwab US Broad Market ETF $SCHB Shares Newly Bought by Pinkerton Wealth LLC

Pinkerton Wealth LLC acquired a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 274,422 shares of the company’s stock, valued at approximately $8,043,000. Schwab US Broad Market ETF accounts for approximately 1.3% of Pinkerton Wealth LLC’s portfolio, making the stock its 16th biggest position.

Other institutional investors also recently modified their holdings of the company. Stevens Capital Partners acquired a new stake in Schwab US Broad Market ETF during the third quarter worth $342,000. Vise Technologies Inc. increased its holdings in Schwab US Broad Market ETF by 123.8% in the 3rd quarter. Vise Technologies Inc. now owns 205,021 shares of the company’s stock valued at $6,009,000 after buying an additional 113,407 shares during the period. Modera Wealth Management LLC bought a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at $2,455,000. Partners Wealth Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $436,000. Finally, Everett Harris & Co. CA acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $646,000.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $29.07 on Monday. The firm’s 50-day simple moving average is $29.55 and its 200-day simple moving average is $28.12. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15. The firm has a market cap of $44.20 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.