Schwab US Broad Market ETF (NYSEARCA:SCHB) is Valley National Advisers Inc.’s 5th Largest Position

Valley National Advisers Inc. boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.4% during the first quarter, HoldingsChannel reports. The fund owned 349,714 shares of the company’s stock after buying an additional 24,019 shares during the quarter. Schwab US Broad Market ETF comprises 3.2% of Valley National Advisers Inc.’s holdings, making the stock its 5th biggest position. Valley National Advisers Inc.’s holdings in Schwab US Broad Market ETF were worth $21,349,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SCHB. Hengehold Capital Management LLC lifted its holdings in Schwab US Broad Market ETF by 1.0% during the 4th quarter. Hengehold Capital Management LLC now owns 3,015,692 shares of the company’s stock worth $167,884,000 after purchasing an additional 30,118 shares in the last quarter. Bouchey Financial Group Ltd boosted its position in shares of Schwab US Broad Market ETF by 11.0% in the fourth quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock valued at $133,234,000 after acquiring an additional 237,905 shares during the period. Evergreen Advisors LLC grew its stake in Schwab US Broad Market ETF by 1.0% during the fourth quarter. Evergreen Advisors LLC now owns 2,206,888 shares of the company’s stock valued at $122,857,000 after acquiring an additional 21,689 shares in the last quarter. Callan Capital LLC increased its holdings in Schwab US Broad Market ETF by 2.1% during the 4th quarter. Callan Capital LLC now owns 2,125,616 shares of the company’s stock worth $118,333,000 after acquiring an additional 43,432 shares during the period. Finally, FFT Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 2.5% in the 4th quarter. FFT Wealth Management LLC now owns 1,632,813 shares of the company’s stock worth $90,899,000 after purchasing an additional 39,608 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.4 %

Shares of SCHB traded up $0.24 during mid-day trading on Wednesday, reaching $63.61. 325,849 shares of the stock traded hands, compared to its average volume of 805,083. The company has a market cap of $29.24 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $47.46 and a 1 year high of $63.65. The firm has a fifty day moving average price of $61.49 and a 200 day moving average price of $59.23.

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.