Jackson Wealth Management LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 200.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,182 shares of the company’s stock after purchasing an additional 6,121 shares during the quarter. Jackson Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $208,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc lifted its position in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after purchasing an additional 9,352 shares in the last quarter. Fulcrum Equity Management lifted its position in Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after buying an additional 668 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $703,000. Franklin Resources Inc. grew its holdings in shares of Schwab US Broad Market ETF by 952.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Tudor Financial Inc. bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $996,000.
Schwab US Broad Market ETF Stock Performance
SCHB opened at $23.37 on Wednesday. The business’s 50-day simple moving average is $23.20 and its 200 day simple moving average is $22.34. Schwab US Broad Market ETF has a 52-week low of $18.98 and a 52-week high of $23.73. The firm has a market capitalization of $10.74 billion, a PE ratio of 25.24 and a beta of 1.02.
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.
Further Reading
- Five stocks we like better than Schwab US Broad Market ETF
- Industrial Products Stocks Investing
- Atlassian: Upside Still in Play After Impressive Earnings Spike
- Transportation Stocks Investing
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- How to Invest in the FAANG Stocks
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report).
Receive News & Ratings for Schwab US Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.