Schwab US Broad Market ETF $SCHB Shares Acquired by Walker Financial Services Inc.

Walker Financial Services Inc. lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.8% during the third quarter, HoldingsChannel.com reports. The fund owned 1,010,661 shares of the company’s stock after buying an additional 81,693 shares during the quarter. Schwab US Broad Market ETF makes up approximately 8.7% of Walker Financial Services Inc.’s investment portfolio, making the stock its 4th biggest holding. Walker Financial Services Inc.’s holdings in Schwab US Broad Market ETF were worth $29,622,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Rebalance LLC boosted its holdings in shares of Schwab US Broad Market ETF by 3.7% in the third quarter. Rebalance LLC now owns 15,288,013 shares of the company’s stock valued at $448,092,000 after purchasing an additional 549,560 shares during the period. Hengehold Capital Management LLC bought a new position in Schwab US Broad Market ETF in the third quarter worth approximately $222,931,000. Hanson & Doremus Investment Management grew its stake in Schwab US Broad Market ETF by 1.3% in the third quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock worth $208,986,000 after purchasing an additional 94,860 shares in the last quarter. Forvis Mazars Wealth Advisors LLC purchased a new position in Schwab US Broad Market ETF during the 3rd quarter worth $175,355,000. Finally, Evergreen Advisors LLC increased its holdings in Schwab US Broad Market ETF by 1.8% during the 1st quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after purchasing an additional 112,717 shares during the period.

Schwab US Broad Market ETF Stock Up 0.6%

Shares of NYSEARCA SCHB opened at $29.58 on Wednesday. The business has a fifty day simple moving average of $29.56 and a two-hundred day simple moving average of $28.08. The firm has a market cap of $44.95 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month 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.