Quadrature Capital Ltd Purchases New Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Quadrature Capital Ltd acquired a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,143 shares of the company’s stock, valued at approximately $924,000.

Several other hedge funds have also recently bought and sold shares of SCHB. Johnson Financial Group Inc. lifted its holdings in Schwab US Broad Market ETF by 76.3% in the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after purchasing an additional 319 shares during the period. Bfsg LLC bought a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $41,000. Evolution Advisers Inc. increased its stake in shares of Schwab US Broad Market ETF by 33.8% during the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after acquiring an additional 191 shares during the period. Scarborough Advisors LLC bought a new stake in Schwab US Broad Market ETF during the fourth quarter worth approximately $43,000. Finally, Principal Securities Inc. bought a new stake in Schwab US Broad Market ETF during the fourth quarter worth approximately $46,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB traded up $0.75 on Friday, reaching $63.36. 573,672 shares of the company traded hands, compared to its average volume of 790,105. The company’s 50 day moving average is $62.88 and its 200-day moving average is $60.27. The stock has a market capitalization of $29.13 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $47.46 and a fifty-two week high of $65.57.

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.