IMC Chicago LLC Buys New Stake in Schwab US Broad Market ETF $SCHB

IMC Chicago LLC bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 17,919 shares of the company’s stock, valued at approximately $450,000.

Other large investors also recently added to or reduced their stakes in the company. Northstar Financial Companies Inc. raised its holdings in shares of Schwab US Broad Market ETF by 42.9% in the 1st quarter. Northstar Financial Companies Inc. now owns 19,975 shares of the company’s stock valued at $501,000 after buying an additional 6,000 shares during the period. Ethos Financial Group LLC boosted its holdings in Schwab US Broad Market ETF by 3.6% during the 1st quarter. Ethos Financial Group LLC now owns 2,026,333 shares of the company’s stock valued at $50,855,000 after acquiring an additional 69,826 shares during the period. Wealthgarden F.S. LLC boosted its holdings in Schwab US Broad Market ETF by 1.2% during the 1st quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock valued at $856,000 after acquiring an additional 395 shares during the period. Bleakley Financial Group LLC acquired a new position in Schwab US Broad Market ETF in the 1st quarter valued at about $278,000. Finally, NWF Advisory Services Inc. acquired a new position in Schwab US Broad Market ETF in the 1st quarter valued at about $208,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $29.03 on Friday. The firm has a market capitalization of $43.43 billion, a PE ratio of 25.08 and a beta of 1.02. The firm’s 50-day moving average is $28.78 and its two-hundred day moving average is $27.26. Schwab US Broad Market ETF has a 1 year low of $23.85 and a 1 year high of $29.35.

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.