Tidal Investments LLC Purchases Shares of 11,031 Schwab US Broad Market ETF (NYSEARCA:SCHB)

Tidal Investments LLC acquired a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the third quarter, HoldingsChannel reports. The firm acquired 11,031 shares of the company’s stock, valued at approximately $734,000.

Several other institutional investors have also bought and sold shares of SCHB. Fulcrum Equity Management lifted its holdings in shares of Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after buying an additional 668 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Broad Market ETF in the third quarter worth about $703,000. Tudor Financial Inc. bought a new stake in Schwab US Broad Market ETF in the third quarter worth about $996,000. World Investment Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 119.5% in the 3rd quarter. World Investment Advisors LLC now owns 16,470 shares of the company’s stock valued at $1,096,000 after acquiring an additional 8,968 shares during the last quarter. Finally, Merriman Wealth Management LLC boosted its position in shares of Schwab US Broad Market ETF by 4.2% during the 2nd quarter. Merriman Wealth Management LLC now owns 13,296 shares of the company’s stock valued at $836,000 after purchasing an additional 532 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $22.50 on Friday. Schwab US Broad Market ETF has a 12 month low of $18.25 and a 12 month high of $23.73. The company has a market capitalization of $10.34 billion, a P/E ratio of 25.24 and a beta of 1.02. The company’s 50 day simple moving average is $23.11 and its 200 day simple moving average is $22.11.

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.