Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 952.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,420 shares of the company’s stock after buying an additional 4,000 shares during the quarter. Franklin Resources Inc.’s holdings in Schwab US Broad Market ETF were worth $294,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Fulcrum Equity Management grew its stake in shares of Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares during the period. Tudor Financial Inc. acquired a new stake in Schwab US Broad Market ETF during the third quarter valued at $996,000. Merriman Wealth Management LLC increased its holdings in Schwab US Broad Market ETF by 4.2% in the second quarter. Merriman Wealth Management LLC now owns 13,296 shares of the company’s stock valued at $836,000 after buying an additional 532 shares in the last quarter. Blair William & Co. IL raised its position in shares of Schwab US Broad Market ETF by 3.7% in the second quarter. Blair William & Co. IL now owns 60,935 shares of the company’s stock worth $3,831,000 after acquiring an additional 2,189 shares during the period. Finally, Black Diamond Financial LLC boosted its stake in shares of Schwab US Broad Market ETF by 8.9% during the 2nd quarter. Black Diamond Financial LLC now owns 6,290 shares of the company’s stock worth $395,000 after acquiring an additional 515 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.4 %

Shares of Schwab US Broad Market ETF stock opened at $22.70 on Thursday. The firm has a market cap of $10.44 billion, a PE ratio of 25.24 and a beta of 1.02. The business has a 50-day moving average price of $23.04 and a 200 day moving average price of $22.03. Schwab US Broad Market ETF has a twelve month low of $18.17 and a twelve month high of $23.73.

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.