Schwab US Broad Market ETF $SCHB Shares Acquired by Glenmede Trust Co. NA

Glenmede Trust Co. NA increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 26.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,691 shares of the company’s stock after buying an additional 20,481 shares during the period. Glenmede Trust Co. NA’s holdings in Schwab US Broad Market ETF were worth $2,427,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. NWK Group Inc. grew its holdings in Schwab US Broad Market ETF by 23.0% during the 1st quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock worth $48,000 after acquiring an additional 355 shares in the last quarter. NerdWallet Wealth Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 4.5% during the first quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock worth $226,000 after purchasing an additional 385 shares during the last quarter. GeoWealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 0.4% during the third quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after purchasing an additional 388 shares during the last quarter. Wealthgarden F.S. LLC lifted its position in shares of Schwab US Broad Market ETF by 1.2% during the first quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after purchasing an additional 395 shares during the last quarter. Finally, LifeSteps Financial Inc. grew its stake in Schwab US Broad Market ETF by 2.9% in the first quarter. LifeSteps Financial Inc. now owns 15,178 shares of the company’s stock worth $381,000 after purchasing an additional 423 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 1.8%

Shares of Schwab US Broad Market ETF stock opened at $29.80 on Wednesday. The business has a 50-day moving average price of $28.85 and a 200 day moving average price of $27.46. Schwab US Broad Market ETF has a fifty-two week low of $24.17 and a fifty-two week high of $29.89. The firm has a market cap of $44.71 billion, a P/E 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.