Ladenburg Thalmann Financial Services Inc. Boosts Stake in Schwab U S Broad Market ETF (SCHB)

Ladenburg Thalmann Financial Services Inc. grew its position in shares of Schwab U S Broad Market ETF (NYSEARCA:SCHB) by 9.9% in the first quarter, Holdings Channel reports. The fund owned 250,069 shares of the company’s stock after buying an additional 22,511 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in Schwab U S Broad Market ETF were worth $15,950,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wealthfront Inc. increased its stake in Schwab U S Broad Market ETF by 27.3% in the first quarter. Wealthfront Inc. now owns 9,222,942 shares of the company’s stock worth $588,331,000 after purchasing an additional 1,978,583 shares during the period. Jane Street Group LLC increased its stake in Schwab U S Broad Market ETF by 5,747.7% in the fourth quarter. Jane Street Group LLC now owns 224,785 shares of the company’s stock worth $14,503,000 after purchasing an additional 220,941 shares during the period. LPL Financial LLC increased its stake in Schwab U S Broad Market ETF by 121.2% in the fourth quarter. LPL Financial LLC now owns 234,485 shares of the company’s stock worth $15,129,000 after purchasing an additional 128,474 shares during the period. Resources Investment Advisors Inc. increased its stake in Schwab U S Broad Market ETF by 460.7% in the first quarter. Resources Investment Advisors Inc. now owns 141,934 shares of the company’s stock worth $9,054,000 after purchasing an additional 116,621 shares during the period. Finally, Strategic Capital Advisers Inc. purchased a new stake in Schwab U S Broad Market ETF in the fourth quarter worth $7,290,000.

SCHB stock opened at $67.63 on Thursday. Schwab U S Broad Market ETF has a twelve month low of $58.06 and a twelve month high of $69.07.

Schwab U S 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.

Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U S Broad Market ETF (NYSEARCA:SCHB).

Institutional Ownership by Quarter for Schwab U S Broad Market ETF (NYSEARCA:SCHB)

Receive News & Ratings for Schwab U S Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U S Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit