Schwab US Broad Market ETF (NYSEARCA:SCHB) Sets New 52-Week High – Here’s What Happened

Schwab US Broad Market ETF (NYSEARCA:SCHB)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $26.89 and last traded at $26.8550, with a volume of 2180131 shares traded. The stock had previously closed at $26.75.

Schwab US Broad Market ETF Stock Performance

The stock has a market capitalization of $39.14 billion, a P/E ratio of 25.08 and a beta of 1.02. The business has a 50-day moving average price of $26.32 and a 200 day moving average price of $25.63.

Institutional Investors Weigh In On Schwab US Broad Market ETF

Large investors have recently bought and sold shares of the business. 55 North Private Wealth LLC bought a new position in Schwab US Broad Market ETF during the fourth quarter valued at approximately $332,000. Phil A. Younker & Associates Ltd. lifted its holdings in shares of Schwab US Broad Market ETF by 6.3% during the 4th quarter. Phil A. Younker & Associates Ltd. now owns 1,138,394 shares of the company’s stock valued at $29,860,000 after buying an additional 67,670 shares during the period. Clark Asset Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 349.0% in the 4th quarter. Clark Asset Management LLC now owns 239,110 shares of the company’s stock worth $6,272,000 after buying an additional 185,853 shares during the last quarter. Belpointe Asset Management LLC increased its position in Schwab US Broad Market ETF by 11.6% during the fourth quarter. Belpointe Asset Management LLC now owns 154,919 shares of the company’s stock valued at $4,064,000 after acquiring an additional 16,055 shares during the last quarter. Finally, Aspiring Ventures LLC boosted its position in Schwab US Broad Market ETF by 7.4% in the fourth quarter. Aspiring Ventures LLC now owns 198,475 shares of the company’s stock worth $5,206,000 after purchasing an additional 13,666 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.