Fifth Third Bancorp Trims Position in Schwab US Broad Market ETF $SCHB

Fifth Third Bancorp lessened its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,201 shares of the company’s stock after selling 563 shares during the quarter. Fifth Third Bancorp’s holdings in Schwab US Broad Market ETF were worth $934,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $25,000. Christopher J. Hasenberg Inc boosted its position in shares of Schwab US Broad Market ETF by 310.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after acquiring an additional 820 shares during the last quarter. Wealth Preservation Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $30,000. Curat Global LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $31,000. Finally, Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $32,000.

Schwab US Broad Market ETF Trading Up 0.7%

Shares of SCHB opened at $25.56 on Monday. The company has a market cap of $36.95 billion, a PE ratio of 25.08 and a beta of 1.03. The stock has a 50-day moving average price of $24.90 and a 200-day moving average price of $23.18. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $25.88.

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.