Peoples Financial Services CORP. Buys 4,000 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Peoples Financial Services CORP. raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,000 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. Peoples Financial Services CORP.’s holdings in Schwab US Broad Market ETF were worth $136,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL bought a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth approximately $28,000. Joseph Group Capital Management acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $66,000. Northwest Investment Counselors LLC acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $69,000. Global Financial Private Client LLC lifted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th 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 last quarter. Finally, GAMMA Investing LLC lifted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after purchasing an additional 964 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.2 %

NYSEARCA:SCHB opened at $22.58 on Wednesday. The stock has a market cap of $10.38 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a 50 day simple moving average of $23.13 and a 200 day simple moving average of $22.15. Schwab US Broad Market ETF has a 1-year low of $18.25 and a 1-year high of $23.73.

Schwab US Broad Market ETF 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.