Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 14,625 shares of the company’s stock after buying an additional 9,750 shares during the period. Pinnacle Bancorp Inc.’s holdings in Schwab US Broad Market ETF were worth $332,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Strategic Investment Solutions Inc. IL acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter valued at about $28,000. Global Financial Private Client LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after buying an additional 888 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares during the period. Marquette Asset Management LLC lifted its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after acquiring an additional 1,062 shares during the last quarter. Finally, Godsey & Gibb Inc. grew its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock worth $48,000 after acquiring an additional 1,402 shares during the period.

Schwab US Broad Market ETF Stock Up 1.9 %

SCHB stock opened at $23.02 on Thursday. Schwab US Broad Market ETF has a 52-week low of $18.25 and a 52-week high of $23.73. The stock has a market cap of $10.58 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business has a fifty day moving average of $23.13 and a two-hundred day moving average of $22.16.

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.