Whitener Capital Management Inc. Makes New Investment in Schwab US Broad Market ETF $SCHB

Whitener Capital Management Inc. acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 171,228 shares of the company’s stock, valued at approximately $5,019,000. Schwab US Broad Market ETF accounts for about 0.9% of Whitener Capital Management Inc.’s holdings, making the stock its 25th biggest position.

Several other large investors have also bought and sold shares of SCHB. Hanson & Doremus Investment Management raised its position in Schwab US Broad Market ETF by 0.5% in the first quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock worth $176,733,000 after acquiring an additional 33,281 shares in the last quarter. Evergreen Advisors LLC raised its position in Schwab US Broad Market ETF by 1.8% in the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after acquiring an additional 112,717 shares in the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at about $175,355,000. HHM Wealth Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 2.2% in the 1st quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock valued at $129,179,000 after acquiring an additional 108,943 shares during the last quarter. Finally, Morton Brown Family Wealth LLC lifted its holdings in Schwab US Broad Market ETF by 4.4% in the 1st quarter. Morton Brown Family Wealth LLC now owns 4,017,868 shares of the company’s stock valued at $100,848,000 after acquiring an additional 170,427 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.4%

NYSEARCA:SCHB opened at $29.63 on Friday. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15. The company has a 50-day moving average of $29.64 and a 200-day moving average of $28.71. The firm has a market cap of $44.95 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.