Fifth Third Bancorp Grows Position in Schwab US Broad Market ETF $SCHB

Fifth Third Bancorp grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 45.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,736 shares of the company’s stock after purchasing an additional 18,398 shares during the period. Fifth Third Bancorp’s holdings in Schwab US Broad Market ETF were worth $1,474,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHB. GeoWealth Management LLC increased its holdings in Schwab US Broad Market ETF by 0.4% during the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after acquiring an additional 388 shares during the period. LifeSteps Financial Inc. raised its holdings in shares of Schwab US Broad Market ETF by 2.9% during the 1st quarter. LifeSteps Financial Inc. now owns 15,178 shares of the company’s stock valued at $381,000 after buying an additional 423 shares in the last quarter. Summit Place Financial Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 1.0% during the fourth quarter. Summit Place Financial Advisors LLC now owns 41,214 shares of the company’s stock worth $1,081,000 after acquiring an additional 425 shares in the last quarter. Cherry Tree Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 0.4% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 116,680 shares of the company’s stock worth $3,061,000 after purchasing an additional 434 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in shares of Schwab US Broad Market ETF by 9.1% in the 4th quarter. CENTRAL TRUST Co now owns 5,444 shares of the company’s stock valued at $143,000 after acquiring an additional 454 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $28.55 on Friday. The company has a market capitalization of $42.77 billion, a P/E ratio of 25.08 and a beta of 1.02. The stock has a 50 day moving average price of $28.80 and a two-hundred day moving average price of $27.34. Schwab US Broad Market ETF has a fifty-two week low of $23.85 and a fifty-two week high of $29.35.

Schwab US Broad Market ETF Company 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.