Cullen Frost Bankers Inc. trimmed its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 7.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,852 shares of the company’s stock after selling 3,000 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Schwab US Broad Market ETF were worth $793,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in SCHB. Tucker Asset Management LLC raised its position in Schwab US Broad Market ETF by 233.9% in the fourth quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after purchasing an additional 765 shares during the last quarter. Studio Investment Management LLC lifted its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after acquiring an additional 728 shares in the last quarter. Johnson Financial Group Inc. grew its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Johnson Financial Group Inc. now owns 1,191 shares of the company’s stock valued at $28,000 after purchasing an additional 794 shares during the period. Millstone Evans Group LLC bought a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth $30,000. Finally, Vermillion Wealth Management Inc. purchased a new stake in Schwab US Broad Market ETF during the 4th quarter worth about $31,000.
Schwab US Broad Market ETF Trading Up 0.7%
Shares of Schwab US Broad Market ETF stock opened at $24.26 on Friday. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $24.27. The business’s 50-day moving average price is $23.23 and its 200-day moving average price is $22.51. The firm has a market capitalization of $34.98 billion, a PE ratio of 25.08 and a beta of 1.03.
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.
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