ZWJ Investment Counsel Inc. Purchases New Shares in Schwab US Broad Market ETF $SCHB

ZWJ Investment Counsel Inc. purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, HoldingsChannel.com reports. The firm purchased 93,595 shares of the company’s stock, valued at approximately $2,743,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. NWK Group Inc. raised its stake in shares of Schwab US Broad Market ETF by 23.0% during the first quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock valued at $48,000 after purchasing an additional 355 shares during the period. Greenleaf Trust grew its holdings in Schwab US Broad Market ETF by 0.9% during the 2nd quarter. Greenleaf Trust now owns 40,725 shares of the company’s stock valued at $1,179,000 after purchasing an additional 375 shares in the last quarter. NerdWallet Wealth Partners LLC grew its holdings in Schwab US Broad Market ETF by 4.5% during the 1st quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock valued at $226,000 after purchasing an additional 385 shares in the last quarter. Wealthgarden F.S. LLC increased its stake in Schwab US Broad Market ETF by 1.2% during the 1st quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after buying an additional 395 shares during the period. Finally, Vigilare Wealth Management increased its stake in Schwab US Broad Market ETF by 3.9% during the 2nd quarter. Vigilare Wealth Management now owns 11,130 shares of the company’s stock worth $322,000 after buying an additional 414 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $29.50 on Thursday. The firm has a 50-day moving average of $29.64 and a two-hundred day moving average of $28.67. The stock has a market cap of $44.76 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 $24.28 and a 1-year 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.