Glenmede Trust Co. NA grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 26.9% in the first quarter, HoldingsChannel reports. The fund owned 96,691 shares of the company’s stock after buying an additional 20,481 shares during the period. Glenmede Trust Co. NA’s holdings in Schwab US Broad Market ETF were worth $2,427,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Brighton Jones LLC grew its position in Schwab US Broad Market ETF by 1,209.6% in the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after buying an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Schwab US Broad Market ETF by 197.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after acquiring an additional 14,279 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Schwab US Broad Market ETF by 50.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after acquiring an additional 518,984 shares during the period. Schnieders Capital Management LLC. bought a new position in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $218,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Schwab US Broad Market ETF by 18.5% in the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock valued at $236,000 after acquiring an additional 1,552 shares in the last quarter.
Schwab US Broad Market ETF Price Performance
NYSEARCA SCHB opened at $29.80 on Wednesday. Schwab US Broad Market ETF has a 12 month low of $24.17 and a 12 month high of $29.89. The firm has a market capitalization of $44.71 billion, a PE ratio of 25.08 and a beta of 1.02. The company’s 50 day simple moving average is $28.85 and its 200 day simple moving average is $27.46.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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