Private Trust Co. NA Invests $1.36 Million in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Private Trust Co. NA acquired a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 60,000 shares of the company’s stock, valued at approximately $1,362,000.

Several other large investors also recently modified their holdings of SCHB. Maryland Capital Advisors Inc. increased its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares during the period. Jackson Grant Investment Advisers Inc. grew its holdings in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after purchasing an additional 834 shares during the period. Beacon Capital Management LLC grew its holdings in Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after purchasing an additional 811 shares during the period. Albion Financial Group UT grew its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after purchasing an additional 840 shares during the period. Finally, Global Financial Private Client LLC grew its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares during the period.

Schwab US Broad Market ETF Trading Up 1.5 %

NYSEARCA:SCHB opened at $22.92 on Friday. The stock has a market capitalization of $32.78 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. The firm has a fifty day simple moving average of $23.19 and a two-hundred day simple moving average of $22.66. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month high of $23.77.

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.