Highland Capital Management LLC Has $3.51 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Highland Capital Management LLC lessened its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,529 shares of the company’s stock after selling 198 shares during the quarter. Highland Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Citigroup Inc. grew its position in shares of Schwab US Broad Market ETF by 9.9% during the 3rd quarter. Citigroup Inc. now owns 3,062 shares of the company’s stock worth $153,000 after buying an additional 275 shares during the period. Anchor Investment Management LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $470,000. Riverwater Partners LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $216,000. CGN Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 106.3% during the 4th quarter. CGN Advisors LLC now owns 40,521 shares of the company’s stock worth $2,256,000 after buying an additional 20,875 shares during the period. Finally, Apella Capital LLC boosted its stake in Schwab US Broad Market ETF by 5.2% during the 4th quarter. Apella Capital LLC now owns 6,706 shares of the company’s stock worth $366,000 after acquiring an additional 329 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.6 %

Schwab US Broad Market ETF stock traded up $0.41 during midday trading on Friday, hitting $64.75. 689,097 shares of the stock were exchanged, compared to its average volume of 795,733. The company has a fifty day simple moving average of $62.24 and a two-hundred day simple moving average of $59.64. Schwab US Broad Market ETF has a 52 week low of $47.46 and a 52 week high of $65.15. The stock has a market capitalization of $29.77 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.