Penobscot Investment Management Company Inc. Has $1.33 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Penobscot Investment Management Company Inc. raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.7% during the first quarter, HoldingsChannel.com reports. The firm owned 21,781 shares of the company’s stock after acquiring an additional 1,176 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Schwab US Broad Market ETF were worth $1,330,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Rebalance LLC raised its position in shares of Schwab US Broad Market ETF by 0.9% in the 1st quarter. Rebalance LLC now owns 3,600,779 shares of the company’s stock valued at $219,828,000 after acquiring an additional 31,142 shares during the period. Hengehold Capital Management LLC raised its position in shares of Schwab US Broad Market ETF by 1.0% in the 4th quarter. Hengehold Capital Management LLC now owns 3,015,692 shares of the company’s stock valued at $167,884,000 after acquiring an additional 30,118 shares during the period. Strid Group LLC raised its position in shares of Schwab US Broad Market ETF by 4.2% in the 1st quarter. Strid Group LLC now owns 2,557,530 shares of the company’s stock valued at $156,137,000 after acquiring an additional 103,234 shares during the period. Bouchey Financial Group Ltd raised its position in shares of Schwab US Broad Market ETF by 11.0% in the 4th quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock valued at $133,234,000 after acquiring an additional 237,905 shares during the period. Finally, Evergreen Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 1.0% in the 4th quarter. Evergreen Advisors LLC now owns 2,206,888 shares of the company’s stock valued at $122,857,000 after acquiring an additional 21,689 shares during the period.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB traded down $0.06 during trading hours on Tuesday, reaching $64.30. 752,916 shares of the company’s stock were exchanged, compared to its average volume of 791,279. The company’s 50-day moving average is $62.73 and its two-hundred day moving average is $60.08. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $65.57. The company has a market capitalization of $29.56 billion, a price-to-earnings ratio of 25.24 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.