Principal Securities Inc. Has $55,000 Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Principal Securities Inc. grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 245.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,415 shares of the company’s stock after acquiring an additional 1,715 shares during the period. Principal Securities Inc.’s holdings in Schwab US Broad Market ETF were worth $55,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHB. Valeo Financial Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock worth $374,000 after buying an additional 10,979 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after buying an additional 9,352 shares during the period. Fulcrum Equity Management lifted its holdings in Schwab US Broad Market ETF by 6.3% during the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after acquiring an additional 668 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Broad Market ETF during the third quarter worth about $703,000. Finally, Franklin Resources Inc. grew its stake in Schwab US Broad Market ETF by 952.4% in the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after acquiring an additional 4,000 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $22.58 on Friday. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The firm has a market cap of $32.29 billion, a P/E ratio of 25.96 and a beta of 1.04. The stock’s 50-day moving average is $23.19 and its 200-day moving average is $22.64.

Schwab US Broad Market ETF 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.