Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 210.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,279 shares of the company’s stock after purchasing an additional 86,929 shares during the period. ZWJ Investment Counsel Inc.’s holdings in Schwab US Broad Market ETF were worth $2,912,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc increased its stake 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 acquiring an additional 9,352 shares during the last quarter. Fulcrum Equity Management grew its holdings in Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after purchasing an additional 668 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Schwab US Broad Market ETF during the third quarter worth approximately $703,000. Franklin Resources Inc. raised its stake in Schwab US Broad Market ETF by 952.4% during the third 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 period. Finally, Tudor Financial Inc. acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $996,000.

Schwab US Broad Market ETF Stock Up 1.0 %

Shares of NYSEARCA SCHB opened at $23.21 on Tuesday. The stock has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. The firm has a fifty day moving average of $23.12 and a 200-day moving average of $22.21. Schwab US Broad Market ETF has a 52-week low of $18.34 and a 52-week high of $23.73.

Schwab US Broad Market ETF 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.