Schwab US Broad Market ETF (NYSEARCA:SCHB) Reaches New 52-Week High at $63.52

Schwab US Broad Market ETF (NYSEARCA:SCHB)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $63.52 and last traded at $63.34, with a volume of 142010 shares trading hands. The stock had previously closed at $63.09.

Schwab US Broad Market ETF Stock Down 0.3 %

The stock has a market cap of $28.90 billion, a PE ratio of 25.24 and a beta of 1.02. The firm has a 50 day moving average price of $61.21 and a 200 day moving average price of $59.06.

Hedge Funds Weigh In On Schwab US Broad Market ETF

Several institutional investors have recently made changes to their positions in the company. FMR LLC grew its stake in Schwab US Broad Market ETF by 16.7% in the third quarter. FMR LLC now owns 144,190 shares of the company’s stock valued at $7,188,000 after purchasing an additional 20,638 shares during the last quarter. Natixis Advisors L.P. acquired a new stake in Schwab US Broad Market ETF in the third quarter worth about $666,000. Trexquant Investment LP boosted its holdings in Schwab US Broad Market ETF by 18.7% in the third quarter. Trexquant Investment LP now owns 12,420 shares of the company’s stock worth $619,000 after acquiring an additional 1,957 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Schwab US Broad Market ETF by 829.6% in the third quarter. Tower Research Capital LLC TRC now owns 10,607 shares of the company’s stock worth $529,000 after acquiring an additional 9,466 shares in the last quarter. Finally, Ancora Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 2.2% in the third quarter. Ancora Advisors LLC now owns 27,792 shares of the company’s stock worth $1,385,000 after acquiring an additional 604 shares in the last quarter.

About Schwab US Broad Market ETF

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.