Schwab US Broad Market ETF $SCHB Stock: Walker Financial Services Inc. Raises Stake

Walker Financial Services Inc. raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,010,661 shares of the company’s stock after purchasing an additional 81,693 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 8.7% of Walker Financial Services Inc.’s holdings, making the stock its 4th biggest holding. Walker Financial Services Inc. owned approximately 0.07% of Schwab US Broad Market ETF worth $29,622,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHB. Forvis Mazars Wealth Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $175,355,000. Capital & Planning LLC purchased a new position in Schwab US Broad Market ETF during the 2nd quarter valued at $875,000. First Heartland Consultants Inc. purchased a new position in Schwab US Broad Market ETF during the 3rd quarter valued at $823,000. Allworth Financial LP boosted its holdings in Schwab US Broad Market ETF by 6.2% during the 2nd quarter. Allworth Financial LP now owns 1,809,502 shares of the company’s stock valued at $52,403,000 after acquiring an additional 106,193 shares during the period. Finally, Corient Private Wealth LP grew its position in Schwab US Broad Market ETF by 15.0% in the 2nd quarter. Corient Private Wealth LP now owns 1,001,507 shares of the company’s stock valued at $29,004,000 after acquiring an additional 130,691 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.6%

Shares of Schwab US Broad Market ETF stock opened at $29.58 on Wednesday. The stock’s fifty day moving average is $29.56 and its two-hundred day moving average is $28.08. The company has a market capitalization of $44.95 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $24.28 and a 52 week 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.