110,578 Shares of Schwab US Broad Market ETF $SCHB Bought by Lincoln Capital Corp

Lincoln Capital Corp bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the third quarter, HoldingsChannel reports. The firm bought 110,578 shares of the company’s stock, valued at approximately $3,241,000. Schwab US Broad Market ETF accounts for approximately 1.1% of Lincoln Capital Corp’s investment portfolio, making the stock its 29th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Financial Futures Ltd Liability Co. lifted its position in Schwab US Broad Market ETF by 8.7% in the 3rd quarter. Financial Futures Ltd Liability Co. now owns 115,432 shares of the company’s stock valued at $3,383,000 after acquiring an additional 9,195 shares in the last quarter. Asset Allocation & Management Company LLC acquired a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $8,300,000. Mirador Capital Partners LP bought a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $204,000. Successful Portfolios LLC boosted its position in shares of Schwab US Broad Market ETF by 0.6% during the third quarter. Successful Portfolios LLC now owns 209,368 shares of the company’s stock worth $6,240,000 after buying an additional 1,178 shares during the period. Finally, Financial Designs Corp grew its holdings in shares of Schwab US Broad Market ETF by 30.2% during the third quarter. Financial Designs Corp now owns 139,518 shares of the company’s stock worth $4,089,000 after buying an additional 32,343 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.1%

Shares of NYSEARCA:SCHB traded down $0.03 during mid-day trading on Tuesday, reaching $29.85. 7,514,141 shares of the stock were exchanged, compared to its average volume of 9,100,331. The stock’s 50 day simple moving average is $29.64 and its 200-day simple moving average is $28.61. Schwab US Broad Market ETF has a one year low of $24.28 and a one year high of $30.15. The company has a market cap of $45.25 billion, a P/E ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.