Schwab US Broad Market ETF (NYSEARCA:SCHB) Sets New 1-Year High at $61.09

Schwab US Broad Market ETF (NYSEARCA:SCHBGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $61.09 and last traded at $61.05, with a volume of 144226 shares changing hands. The stock had previously closed at $61.01.

Schwab US Broad Market ETF Trading Up 0.1 %

The stock has a 50-day simple moving average of $58.82 and a 200-day simple moving average of $54.56. The company has a market capitalization of $27.19 billion, a price-to-earnings ratio of 17.59 and a beta of 1.03.

Hedge Funds Weigh In On Schwab US Broad Market ETF

A number of institutional investors have recently made changes to their positions in the business. Regis Acquisition Inc. raised its position in shares of Schwab US Broad Market ETF by 243.6% in the 4th quarter. Regis Acquisition Inc. now owns 41,166 shares of the company’s stock valued at $2,292,000 after purchasing an additional 29,185 shares in the last quarter. Skyline Advisors Inc. bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at approximately $1,864,000. B. Riley Wealth Advisors Inc. increased its holdings in shares of Schwab US Broad Market ETF by 1.9% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 171,283 shares of the company’s stock valued at $9,535,000 after acquiring an additional 3,118 shares during the last quarter. Leo Wealth LLC bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at approximately $2,968,000. Finally, Muirfield Wealth Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at approximately $811,000.

About Schwab US Broad Market ETF

(Get Free Report)

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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