Pinnacle Bank Invests $230,000 in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Pinnacle Bank purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,130 shares of the company’s stock, valued at approximately $230,000.

A number of other hedge funds have also bought and sold shares of SCHB. Advisor Group Holdings Inc. bought a new position in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $15,864,000. HT Partners LLC boosted its stake in Schwab US Broad Market ETF by 2.8% during the first quarter. HT Partners LLC now owns 1,375,087 shares of the company’s stock valued at $83,097,000 after buying an additional 37,848 shares during the last quarter. HBK Sorce Advisory LLC grew its holdings in Schwab US Broad Market ETF by 475.7% during the 1st quarter. HBK Sorce Advisory LLC now owns 913,748 shares of the company’s stock valued at $55,218,000 after buying an additional 755,030 shares in the last quarter. Bouchey Financial Group Ltd grew its holdings in Schwab US Broad Market ETF by 0.3% during the 1st quarter. Bouchey Financial Group Ltd now owns 843,489 shares of the company’s stock valued at $50,972,000 after buying an additional 2,419 shares in the last quarter. Finally, Personal Capital Advisors Corp increased its stake in Schwab US Broad Market ETF by 207.9% in the 1st quarter. Personal Capital Advisors Corp now owns 842,986 shares of the company’s stock worth $53,278,000 after acquiring an additional 569,167 shares during the last quarter.

Shares of SCHB stock traded down $0.15 during trading hours on Tuesday, reaching $75.17. 28,676 shares of the stock were exchanged, compared to its average volume of 1,920,902. The company’s 50-day moving average price is $72.73 and its 200-day moving average price is $71.55. Schwab US Broad Market ETF has a 12-month low of $51.38 and a 12-month high of $81.04.

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.

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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