Lincoln Capital Corp Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Lincoln Capital Corp boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 205.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,498 shares of the company’s stock after purchasing an additional 76,391 shares during the period. Schwab US Broad Market ETF comprises 1.1% of Lincoln Capital Corp’s investment portfolio, making the stock its 27th biggest position. Lincoln Capital Corp’s holdings in Schwab US Broad Market ETF were worth $2,576,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Burkett Financial Services LLC boosted its stake in shares of Schwab US Broad Market ETF by 1.4% in the third quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock valued at $897,000 after purchasing an additional 183 shares during the period. Carnegie Investment Counsel lifted its stake in Schwab US Broad Market ETF by 1.5% in the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after buying an additional 195 shares during the last quarter. Evanson Asset Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 1.8% during the third quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock valued at $751,000 after buying an additional 198 shares during the last quarter. Long Island Wealth Management Inc. increased its stake in Schwab US Broad Market ETF by 0.4% during the 2nd quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock valued at $3,871,000 after buying an additional 262 shares during the period. Finally, Valeo Financial Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 5.6% during the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after purchasing an additional 292 shares during the period.

Schwab US Broad Market ETF Trading Up 0.6 %

NYSEARCA SCHB opened at $23.67 on Friday. Schwab US Broad Market ETF has a 1 year low of $18.75 and a 1 year high of $23.73. The stock’s 50-day moving average price is $23.13 and its two-hundred day moving average price is $22.23. The company has a market cap of $10.88 billion, a PE 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.