Cary Street Partners Financial LLC bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 44,470 shares of the company’s stock, valued at approximately $1,166,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Life Planners bought a new stake in shares of Schwab US Broad Market ETF during the third quarter worth about $27,000. Wiser Advisor Group LLC bought a new stake in Schwab US Broad Market ETF in the 3rd quarter worth about $29,000. LRI Investments LLC bought a new stake in Schwab US Broad Market ETF in the 4th quarter worth about $35,000. Hantz Financial Services Inc. bought a new stake in Schwab US Broad Market ETF in the 4th quarter worth about $52,000. Finally, International Assets Investment Management LLC bought a new stake in Schwab US Broad Market ETF in the 4th quarter worth about $52,000.
Schwab US Broad Market ETF Stock Performance
Shares of SCHB stock opened at $29.11 on Friday. Schwab US Broad Market ETF has a 52-week low of $22.48 and a 52-week high of $29.13. The company has a 50-day simple moving average of $27.04 and a two-hundred day simple moving average of $26.58. The company has a market capitalization of $43.04 billion, a price-to-earnings ratio of 25.08 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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