Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Lincoln Capital Corp

Lincoln Capital Corp lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 205.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 113,498 shares of the company’s stock after purchasing an additional 76,391 shares during the period. Schwab US Broad Market ETF accounts for about 1.1% of Lincoln Capital Corp’s portfolio, making the stock its 27th largest holding. Lincoln Capital Corp’s holdings in Schwab US Broad Market ETF were worth $2,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of SCHB. Hengehold Capital Management LLC increased its stake in 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 purchasing an additional 5,886,366 shares during the period. HB Wealth Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 192.5% in the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after acquiring an additional 4,281,591 shares during the last quarter. Rebalance LLC raised its position in shares of Schwab US Broad Market ETF by 4.6% during the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock worth $254,400,000 after acquiring an additional 167,787 shares in the last quarter. Ballentine Partners LLC increased its stake in Schwab US Broad Market ETF by 192.7% in the fourth quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock valued at $70,888,000 after purchasing an additional 2,055,961 shares during the last quarter. Finally, Strid Group LLC raised its holdings in Schwab US Broad Market ETF by 4.0% during the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after purchasing an additional 111,281 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $23.67 on Friday. The stock has a market capitalization of $10.88 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $18.75 and a one year high of $23.73. The business’s 50-day simple moving average is $23.13 and its 200-day simple moving average is $22.23.

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.