Schwab US Broad Market ETF (NYSEARCA:SCHB) Hits New 1-Year High at $62.88

Schwab US Broad Market ETF (NYSEARCA:SCHB)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $62.88 and last traded at $62.83, with a volume of 14552 shares changing hands. The stock had previously closed at $62.06.

Schwab US Broad Market ETF Trading Up 1.3 %

The business’s 50-day moving average price is $60.28 and its 200-day moving average price is $58.20. The stock has a market cap of $28.91 billion, a PE ratio of 25.24 and a beta of 1.02.

Hedge Funds Weigh In On Schwab US Broad Market ETF

A number of large investors have recently made changes to their positions in the business. Lee Financial Co purchased a new position in Schwab US Broad Market ETF during the 3rd quarter worth $35,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Schwab US Broad Market ETF by 55.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after acquiring an additional 221 shares in the last quarter. BKM Wealth Management LLC purchased a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at approximately $41,000. Bfsg LLC acquired a new stake in Schwab US Broad Market ETF in the 4th quarter worth approximately $41,000. Finally, Johnson Financial Group Inc. grew its position in Schwab US Broad Market ETF by 76.3% during the 4th quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after purchasing an additional 319 shares during the last quarter.

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.