Highland Capital Management LLC Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Highland Capital Management LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.6% during the fourth quarter, Holdings Channel reports. The firm owned 172,882 shares of the company’s stock after buying an additional 115,379 shares during the quarter. Highland Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,924,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its holdings in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after purchasing an additional 9,352 shares in the last quarter. Fulcrum Equity Management grew its stake in shares of Schwab US Broad Market ETF by 6.3% in 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 purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter worth $703,000. Franklin Resources Inc. increased its position in shares of Schwab US Broad Market ETF by 952.4% during the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock worth $294,000 after acquiring an additional 4,000 shares during the period. Finally, Tudor Financial Inc. acquired a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at $996,000.

Schwab US Broad Market ETF Price Performance

SCHB opened at $23.37 on Thursday. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month high of $23.73. The business has a fifty day moving average price of $23.18 and a 200 day moving average price of $22.29. The stock has a market capitalization of $10.74 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.