Schwab US Broad Market ETF (NYSEARCA:SCHB) Sees Unusually-High Trading Volume

Schwab US Broad Market ETF (NYSEARCA:SCHB) shares saw an uptick in trading volume on Tuesday . 539,053 shares traded hands during mid-day trading, a decline of 35% from the previous session’s volume of 830,764 shares.The stock last traded at $60.72 and had previously closed at $60.58.

Schwab US Broad Market ETF Stock Up 0.9 %

The stock has a market capitalization of $27.18 billion, a P/E ratio of 17.59 and a beta of 1.03. The company has a 50 day moving average of $58.61 and a 200-day moving average of $54.45.

Institutional Investors Weigh In On Schwab US Broad Market ETF

A number of institutional investors have recently modified their holdings of SCHB. Evolution Advisers Inc. increased its position in Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after buying an additional 191 shares during the period. Capital Investment Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 4.1% in the 4th quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock worth $272,000 after acquiring an additional 192 shares during the period. Ritholtz Wealth Management lifted its position in Schwab US Broad Market ETF by 0.9% in the 3rd quarter. Ritholtz Wealth Management now owns 21,628 shares of the company’s stock valued at $1,078,000 after purchasing an additional 203 shares during the last quarter. Guardian Wealth Advisors LLC NC lifted its position in Schwab US Broad Market ETF by 7.2% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 3,124 shares of the company’s stock valued at $174,000 after purchasing an additional 210 shares during the last quarter. Finally, Abacus Planning Group Inc. boosted its stake in Schwab US Broad Market ETF by 2.3% during the 3rd quarter. Abacus Planning Group Inc. now owns 9,297 shares of the company’s stock valued at $463,000 after purchasing an additional 211 shares during the period.

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.