Jacobs & Co. CA Grows Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Jacobs & Co. CA raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 193.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,592 shares of the company’s stock after acquiring 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 quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of 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 worth $318,000 after acquiring an additional 9,352 shares in the last quarter. Fulcrum Equity Management boosted its stake in Schwab US Broad Market ETF by 6.3% during 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. Franklin Resources Inc. boosted its stake in 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 in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Broad Market ETF during the third quarter worth about $703,000. Finally, Tudor Financial Inc. bought a new position in shares of Schwab US Broad Market ETF in the third quarter worth approximately $996,000.

Schwab US Broad Market ETF Stock Down 1.4 %

Shares of NYSEARCA SCHB traded down $0.31 during midday trading on Friday, hitting $22.54. The stock had a trading volume of 5,470,583 shares, compared to its average volume of 4,256,200. The company has a market cap of $10.36 billion, a P/E ratio of 25.24 and a beta of 1.02. The business’s 50 day moving average is $23.10 and its 200-day moving average is $22.10. Schwab US Broad Market ETF has a 52 week low of $18.25 and a 52 week high of $23.73.

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.