Jacobs & Co. CA Increases Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Jacobs & Co. CA lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 193.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 16,592 shares of the company’s stock after purchasing an additional 10,945 shares during the quarter. Jacobs & Co. CA’s holdings in Schwab US Broad Market ETF were worth $376,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Strategic Investment Solutions Inc. IL purchased a new position in Schwab US Broad Market ETF during the second quarter valued at $28,000. GAMMA Investing LLC grew its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after acquiring an additional 964 shares in the last quarter. Joseph Group Capital Management purchased a new position in Schwab US Broad Market ETF during the third quarter valued at $66,000. Northwest Investment Counselors LLC purchased a new position in Schwab US Broad Market ETF during the third quarter valued at $69,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Schwab US Broad Market ETF during the second quarter valued at $79,000.

Schwab US Broad Market ETF Stock Performance

SCHB stock traded down $0.31 during trading on Friday, hitting $22.54. 5,470,583 shares of the company’s stock traded hands, compared to its average volume of 4,256,200. Schwab US Broad Market ETF has a 52 week low of $18.25 and a 52 week high of $23.73. The business has a fifty day simple moving average of $23.10 and a 200 day simple moving average of $22.10. The stock has a market capitalization of $10.36 billion, a price-to-earnings ratio of 25.24 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.