IMC Chicago LLC bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,919 shares of the company’s stock, valued at approximately $450,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Financial Life Planners purchased a new stake in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $27,000. Birchwood Financial Partners Inc. acquired a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at $28,000. Wiser Advisor Group LLC purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $29,000. Bayban purchased a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at $33,000. Finally, LRI Investments LLC purchased a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at $35,000.
Schwab US Broad Market ETF Price Performance
Shares of NYSEARCA:SCHB opened at $29.03 on Friday. The company’s fifty day moving average price is $28.78 and its 200 day moving average price is $27.26. Schwab US Broad Market ETF has a 12 month low of $23.85 and a 12 month high of $29.35. The firm has a market capitalization of $43.43 billion, a P/E ratio of 25.08 and a beta of 1.02.
Schwab US Broad Market ETF 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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