Legacy Private Trust Co. Purchases New Holdings in Schwab US Broad Market ETF $SCHB

Legacy Private Trust Co. purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,249,599 shares of the company’s stock, valued at approximately $36,626,000. Schwab US Broad Market ETF makes up approximately 2.0% of Legacy Private Trust Co.’s investment portfolio, making the stock its 11th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Destination Wealth Management boosted its holdings in shares of Schwab US Broad Market ETF by 60.2% in the 4th quarter. Destination Wealth Management now owns 402,252 shares of the company’s stock valued at $10,551,000 after buying an additional 151,217 shares during the last quarter. Hamilton Wealth LLC acquired a new position in Schwab US Broad Market ETF during the fourth quarter worth $1,108,000. HHM Wealth Advisors LLC increased its holdings in Schwab US Broad Market ETF by 2.2% during the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after buying an additional 108,943 shares during the last quarter. Sax Wealth Advisors LLC bought a new stake in Schwab US Broad Market ETF during the second quarter worth $8,320,000. Finally, Capital & Planning LLC bought a new stake in Schwab US Broad Market ETF during the second quarter worth $875,000.

Schwab US Broad Market ETF Price Performance

SCHB stock traded up $0.18 during trading hours on Tuesday, reaching $30.00. The stock had a trading volume of 4,904,257 shares, compared to its average volume of 9,082,052. The stock has a market capitalization of $45.48 billion, a PE ratio of 25.08 and a beta of 1.02. The stock has a 50-day simple moving average of $29.53 and a 200 day simple moving average of $28.45. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15.

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.