Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,019 shares of the company’s stock after purchasing an additional 31,301 shares during the period. Fifth Third Bancorp’s holdings in Schwab US Broad Market ETF were worth $1,067,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHB. Versant Capital Management Inc boosted its stake in Schwab US Broad Market ETF by 201.0% during the fourth 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 in the last quarter. Fulcrum Equity Management lifted its holdings in Schwab US Broad Market ETF by 6.3% in the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after acquiring an additional 668 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $703,000. Franklin Resources Inc. grew its stake in shares of Schwab US Broad Market ETF by 952.4% in the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock worth $294,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Tudor Financial Inc. bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth approximately $996,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $23.37 on Thursday. 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 has a 1-year low of $18.75 and a 1-year high of $23.73. The company has a 50 day moving average price of $23.18 and a 200 day moving average price of $22.29.

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.