First National Bank of Mount Dora Trust Investment Services Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

First National Bank of Mount Dora Trust Investment Services raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 81,939 shares of the company’s stock after buying an additional 54,626 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in Schwab US Broad Market ETF were worth $1,860,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Versant Capital Management Inc raised its holdings in shares of Schwab US Broad Market ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after buying an additional 9,352 shares during the period. Fulcrum Equity Management raised its holdings in shares of Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after buying an additional 668 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $703,000. Franklin Resources Inc. increased its holdings in Schwab US Broad Market ETF by 952.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock worth $294,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Tudor Financial Inc. purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $996,000.

Schwab US Broad Market ETF Stock Up 1.0 %

SCHB stock opened at $23.21 on Friday. Schwab US Broad Market ETF has a 52-week low of $18.34 and a 52-week high of $23.73. The stock’s 50 day moving average is $23.12 and its two-hundred day moving average is $22.18. The company has a market capitalization of $10.67 billion, a PE ratio of 25.24 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.