Schwab US Broad Market ETF (NYSEARCA:SCHB) Sets New 1-Year High at $64.82

Schwab US Broad Market ETF (NYSEARCA:SCHB) hit a new 52-week high on Thursday . The company traded as high as $64.82 and last traded at $64.81, with a volume of 71332 shares changing hands. The stock had previously closed at $64.65.

Schwab US Broad Market ETF Stock Performance

The firm has a market capitalization of $29.59 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a fifty day moving average price of $62.02 and a two-hundred day moving average price of $59.54.

Institutional Investors Weigh In On Schwab US Broad Market ETF

Institutional investors have recently made changes to their positions in the company. Compass Financial Group INC SD boosted its position in Schwab US Broad Market ETF by 16.2% during the 2nd quarter. Compass Financial Group INC SD now owns 761,874 shares of the company’s stock valued at $47,899,000 after purchasing an additional 105,991 shares during the period. Legacy Financial Strategies LLC boosted its holdings in shares of Schwab US Broad Market ETF by 4.1% during the second quarter. Legacy Financial Strategies LLC now owns 620,012 shares of the company’s stock valued at $39,439,000 after acquiring an additional 24,343 shares during the period. Valeo Financial Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 10.4% during the second quarter. Valeo Financial Advisors LLC now owns 5,197 shares of the company’s stock worth $327,000 after acquiring an additional 489 shares during the last quarter. Burkett Financial Services LLC grew its position in shares of Schwab US Broad Market ETF by 19.6% during the second quarter. Burkett Financial Services LLC now owns 13,299 shares of the company’s stock worth $836,000 after acquiring an additional 2,178 shares during the last quarter. Finally, CWM LLC grew its position in shares of Schwab US Broad Market ETF by 5.4% during the second quarter. CWM LLC now owns 120,560 shares of the company’s stock worth $7,580,000 after acquiring an additional 6,227 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.