Pacific Park Financial Inc. Buys New Position in Schwab US Broad Market ETF $SCHB

Pacific Park Financial Inc. bought a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 173,228 shares of the company’s stock, valued at approximately $4,544,000. Schwab US Broad Market ETF accounts for 2.8% of Pacific Park Financial Inc.’s holdings, making the stock its 7th biggest holding.

Several other large investors also recently added to or reduced their stakes in SCHB. Donaldson Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF by 14.3% in the fourth quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock worth $5,055,000 after purchasing an additional 24,114 shares during the period. Sunburst Financial Group LLC boosted its position in shares of Schwab US Broad Market ETF by 1.9% in the fourth quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock worth $55,770,000 after purchasing an additional 39,321 shares during the period. Belpointe Asset Management LLC boosted its position in shares of Schwab US Broad Market ETF by 102.2% in the third quarter. Belpointe Asset Management LLC now owns 138,864 shares of the company’s stock worth $3,570,000 after purchasing an additional 70,203 shares during the period. Dorato Capital Management bought a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth approximately $2,500,000. Finally, Altus Wealth Group LLC bought a new position in shares of Schwab US Broad Market ETF in the third quarter worth approximately $1,050,000.

Schwab US Broad Market ETF Price Performance

SCHB opened at $27.44 on Thursday. The firm has a market cap of $40.54 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $20.85 and a 1-year high of $27.63. The company has a 50 day simple moving average of $26.18 and a two-hundred day simple moving average of $26.24.

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.