James Investment Research Inc. boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 15.3% in the first quarter, Holdings Channel.com reports. The firm owned 235,391 shares of the company’s stock after purchasing an additional 31,241 shares during the period. James Investment Research Inc.’s holdings in Schwab US Broad Market ETF were worth $5,908,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rebalance LLC raised its stake in shares of Schwab US Broad Market ETF by 3.3% during the 4th quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock worth $392,485,000 after purchasing an additional 483,144 shares in the last quarter. HighTower Advisors LLC increased its holdings in Schwab US Broad Market ETF by 11.0% in the fourth quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock worth $226,412,000 after buying an additional 854,800 shares during the last quarter. Bouchey Financial Group Ltd raised its position in Schwab US Broad Market ETF by 0.5% during the third quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock valued at $213,866,000 after acquiring an additional 42,459 shares in the last quarter. Hanson & Doremus Investment Management raised its position in Schwab US Broad Market ETF by 0.5% during the first quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after acquiring an additional 33,281 shares in the last quarter. Finally, Evergreen Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the fourth quarter valued at approximately $161,772,000.
Schwab US Broad Market ETF Stock Down 0.2%
SCHB stock opened at $28.91 on Thursday. The firm has a 50 day moving average of $28.49 and a two-hundred day moving average of $27.04. Schwab US Broad Market ETF has a 12 month low of $23.79 and a 12 month high of $29.35. The company has a market capitalization of $43.09 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.
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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