First Horizon Advisors Inc. Acquires 1,650 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

First Horizon Advisors Inc. raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 243.7% in the 4th quarter, HoldingsChannel reports. The firm owned 2,327 shares of the company’s stock after purchasing an additional 1,650 shares during the quarter. First Horizon Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $53,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Hengehold Capital Management LLC raised its position in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after acquiring an additional 5,886,366 shares during the last quarter. Strid Group LLC raised its position in shares of Schwab US Broad Market ETF by 197.8% during the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after acquiring an additional 5,666,068 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after purchasing an additional 4,281,591 shares during the period. HT Partners LLC grew its stake in shares of Schwab US Broad Market ETF by 202.6% during the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after purchasing an additional 4,052,932 shares during the period. Finally, Callan Capital LLC grew its stake in shares of Schwab US Broad Market ETF by 194.2% during the fourth quarter. Callan Capital LLC now owns 5,963,363 shares of the company’s stock worth $135,368,000 after purchasing an additional 3,936,534 shares during the period.

Schwab US Broad Market ETF Stock Down 1.7 %

Shares of Schwab US Broad Market ETF stock opened at $22.58 on Friday. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month high of $23.77. The business has a fifty day simple moving average of $23.19 and a 200 day simple moving average of $22.64. The stock has a market cap of $32.29 billion, a PE ratio of 25.96 and a beta of 1.04.

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.