26,916 Shares of Schwab US Broad Market ETF $SCHB Bought by Twele Capital Management Inc.

Twele Capital Management Inc. purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 26,916 shares of the company’s stock, valued at approximately $789,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fagan Associates Inc. lifted its position in Schwab US Broad Market ETF by 2.9% in the third quarter. Fagan Associates Inc. now owns 289,383 shares of the company’s stock valued at $8,482,000 after purchasing an additional 8,200 shares during the period. Forvis Mazars Wealth Advisors LLC purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at approximately $175,355,000. Downshift Financial LLC boosted its holdings in Schwab US Broad Market ETF by 8.3% in the 3rd quarter. Downshift Financial LLC now owns 984,152 shares of the company’s stock valued at $28,845,000 after purchasing an additional 75,467 shares in the last quarter. Lincoln Capital Corp purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at approximately $3,241,000. Finally, Financial Futures Ltd Liability Co. boosted its holdings in Schwab US Broad Market ETF by 8.7% in the 3rd quarter. Financial Futures Ltd Liability Co. now owns 115,432 shares of the company’s stock valued at $3,383,000 after purchasing an additional 9,195 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB traded down $0.03 on Tuesday, hitting $29.85. 7,514,141 shares of the company’s stock were exchanged, compared to its average volume of 9,100,331. The firm’s 50-day moving average price is $29.64 and its two-hundred day moving average price is $28.61. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15. The firm has a market cap of $45.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.