Financial Designs Corp Purchases 32,343 Shares of Schwab US Broad Market ETF $SCHB

Financial Designs Corp grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 30.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 139,518 shares of the company’s stock after purchasing an additional 32,343 shares during the period. Schwab US Broad Market ETF makes up approximately 2.1% of Financial Designs Corp’s investment portfolio, making the stock its 12th largest holding. Financial Designs Corp’s holdings in Schwab US Broad Market ETF were worth $4,089,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SCHB. Hanson & Doremus Investment Management raised its position in Schwab US Broad Market ETF by 0.5% in the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after buying an additional 33,281 shares during the last quarter. Evergreen Advisors LLC boosted its position 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 acquiring an additional 112,717 shares during the last quarter. HHM Wealth Advisors LLC boosted its position in Schwab US Broad Market ETF by 2.2% during the 1st quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after acquiring an additional 108,943 shares during the last quarter. Mariner LLC grew its stake in shares of Schwab US Broad Market ETF by 3.8% during the 4th quarter. Mariner LLC now owns 4,454,313 shares of the company’s stock worth $116,847,000 after acquiring an additional 164,384 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of Schwab US Broad Market ETF by 25.1% during the 4th quarter. Captrust Financial Advisors now owns 4,236,900 shares of the company’s stock worth $111,134,000 after acquiring an additional 849,417 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.4%

NYSEARCA SCHB opened at $29.73 on Friday. The firm’s 50 day moving average is $29.61 and its 200-day moving average is $28.54. The company has a market capitalization of $45.06 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.15.

Schwab US Broad Market ETF 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.