Cary Street Partners Financial LLC bought a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 44,470 shares of the company’s stock, valued at approximately $1,166,000.
Several other institutional investors and hedge funds also recently bought and sold shares of SCHB. Financial Life Planners bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth approximately $27,000. Wiser Advisor Group LLC bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth approximately $29,000. LRI Investments LLC bought a new position in Schwab US Broad Market ETF in the 4th quarter worth approximately $35,000. International Assets Investment Management LLC bought a new position in Schwab US Broad Market ETF in the 4th quarter worth approximately $52,000. Finally, Hantz Financial Services Inc. bought a new position in Schwab US Broad Market ETF in the 4th quarter worth approximately $52,000.
Schwab US Broad Market ETF Trading Up 0.6%
SCHB opened at $29.11 on Friday. The company has a 50 day moving average of $27.04 and a 200 day moving average of $26.58. The company has a market cap of $43.04 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $22.48 and a 12 month high of $29.13.
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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