928,932 Shares of Schwab US Broad Market ETF $SCHB Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. acquired a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 3rd quarter, HoldingsChannel reports. The fund acquired 928,932 shares of the company’s stock, valued at approximately $27,227,000. Schwab US Broad Market ETF makes up about 3.0% of Valley National Advisers Inc.’s portfolio, making the stock its 7th biggest holding.

Other large investors also recently bought and sold shares of the company. Bond & Devick Financial Network Inc. raised its holdings in shares of Schwab US Broad Market ETF by 0.7% during the third quarter. Bond & Devick Financial Network Inc. now owns 620,679 shares of the company’s stock valued at $18,192,000 after acquiring an additional 4,247 shares during the last quarter. Evanson Financial LLC lifted its position in shares of Schwab US Broad Market ETF by 4.8% in the third quarter. Evanson Financial LLC now owns 40,834 shares of the company’s stock valued at $1,197,000 after acquiring an additional 1,856 shares in the last quarter. Simplicity Wealth LLC lifted its position in shares of Schwab US Broad Market ETF by 13.0% in the third quarter. Simplicity Wealth LLC now owns 106,020 shares of the company’s stock valued at $3,107,000 after acquiring an additional 12,222 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Schwab US Broad Market ETF in the third quarter worth approximately $215,000. Finally, Evergreen Capital Management LLC acquired a new stake in shares of Schwab US Broad Market ETF in the third quarter worth approximately $566,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $29.19 on Friday. Schwab US Broad Market ETF has a 1 year low of $24.28 and a 1 year high of $30.15. The firm has a market capitalization of $44.35 billion, a PE ratio of 25.08 and a beta of 1.02. The business’s 50 day moving average price is $29.57 and its 200-day moving average price is $28.86.

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.