Schwab US Broad Market ETF (NYSEARCA:SCHB – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $29.45 and last traded at $29.45, with a volume of 210461 shares traded. The stock had previously closed at $29.27.
Schwab US Broad Market ETF Stock Performance
The company has a market capitalization of $44.36 billion, a PE ratio of 25.08 and a beta of 1.02. The stock’s fifty day simple moving average is $28.83 and its 200-day simple moving average is $27.44.
Institutional Trading of Schwab US Broad Market ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 11.0% during the 4th quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock valued at $226,412,000 after buying an additional 854,800 shares during the period. Hanson & Doremus Investment Management increased its holdings in Schwab US Broad Market ETF by 0.5% during the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock worth $176,733,000 after purchasing an additional 33,281 shares during the last quarter. Evergreen Advisors LLC boosted its stake in Schwab US Broad Market ETF by 1.8% during the 1st quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock valued at $157,632,000 after acquiring an additional 112,717 shares during the last quarter. HHM Wealth Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 2.2% during the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after purchasing an additional 108,943 shares during the last quarter. Finally, TruNorth Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 0.4% in the 4th quarter. TruNorth Capital Management LLC now owns 5,090,429 shares of the company’s stock worth $133,522,000 after acquiring an additional 19,118 shares in the last quarter.
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.
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