Grant GrossMendelsohn LLC raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 187.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 48,172 shares of the company’s stock after acquiring an additional 31,420 shares during the period. Grant GrossMendelsohn LLC’s holdings in Schwab US Broad Market ETF were worth $1,094,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of SCHB. Versant Capital Management Inc increased its position in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after purchasing an additional 9,352 shares during the last quarter. Fulcrum Equity Management raised its position 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 in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $703,000. Franklin Resources Inc. lifted its stake in shares of Schwab US Broad Market ETF by 952.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Tudor Financial Inc. bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $996,000.
Schwab US Broad Market ETF Stock Performance
NYSEARCA:SCHB opened at $23.21 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $18.34 and a fifty-two week high of $23.73. The firm has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. The stock’s fifty day moving average is $23.12 and its 200 day moving average is $22.18.
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.
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