Peak Financial Management Inc. Buys 22,835 Shares of Schwab US Broad Market ETF $SCHB

Peak Financial Management Inc. increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 515,518 shares of the company’s stock after buying an additional 22,835 shares during the quarter. Schwab US Broad Market ETF comprises approximately 3.4% of Peak Financial Management Inc.’s holdings, making the stock its 7th largest position. Peak Financial Management Inc.’s holdings in Schwab US Broad Market ETF were worth $15,110,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Selby Wealth Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 0.3% during the third quarter. Selby Wealth Management LLC now owns 130,852 shares of the company’s stock valued at $3,835,000 after acquiring an additional 394 shares during the period. TPG Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 2.4% during the third quarter. TPG Advisors LLC now owns 545,580 shares of the company’s stock worth $15,991,000 after acquiring an additional 12,585 shares during the last quarter. Selective Wealth Management Inc. grew its position in shares of Schwab US Broad Market ETF by 6.9% during the third quarter. Selective Wealth Management Inc. now owns 84,142 shares of the company’s stock worth $2,493,000 after acquiring an additional 5,430 shares during the last quarter. Hanson & Doremus Investment Management grew its position in shares of Schwab US Broad Market ETF by 1.3% during the third quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock worth $208,986,000 after acquiring an additional 94,860 shares during the last quarter. Finally, Aspiriant LLC acquired a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $2,102,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock traded down $0.35 during trading hours on Friday, reaching $29.28. The stock had a trading volume of 21,638,298 shares, compared to its average volume of 9,245,168. The firm has a market capitalization of $44.43 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a 50-day simple moving average of $29.62 and a 200-day simple moving average of $28.71. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15.

Schwab US Broad Market ETF Company 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.