UMA Financial Services Inc. Acquires Shares of 13,508 Schwab US Broad Market ETF (NYSEARCA:SCHB)

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UMA Financial Services Inc. purchased a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,508 shares of the company’s stock, valued at approximately $1,014,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at approximately $26,000. Whittier Trust Co. purchased a new stake in Schwab US Broad Market ETF in the third quarter worth approximately $36,000. Hoertkorn Richard Charles purchased a new stake in Schwab US Broad Market ETF in the third quarter worth approximately $36,000. Astor Investment Management LLC purchased a new stake in Schwab US Broad Market ETF in the second quarter worth approximately $44,000. Finally, McIlrath & Eck LLC purchased a new stake in Schwab US Broad Market ETF in the third quarter worth approximately $50,000.

Shares of Schwab US Broad Market ETF stock traded up $0.42 on Wednesday, hitting $74.57. 390,000 shares of the company’s stock were exchanged, compared to its average volume of 923,969. The company has a 50-day simple moving average of $73.41 and a 200-day simple moving average of $71.01. Schwab US Broad Market ETF has a 1 year low of $56.12 and a 1 year high of $75.59.

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.

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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