Schwab US Broad Market ETF (NYSEARCA:SCHB) Short Interest Update

Schwab US Broad Market ETF (NYSEARCA:SCHB) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 2,048,964 shares, a drop of 23.4% from the January 29th total of 2,673,756 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 10,816,899 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 10,816,899 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Schwab US Broad Market ETF

Several hedge funds have recently made changes to their positions in the business. Brighton Jones LLC boosted its position in shares of Schwab US Broad Market ETF by 1,209.6% in the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after buying an additional 14,279 shares during the period. Goldman Sachs Group Inc. raised its position in Schwab US Broad Market ETF by 50.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after buying an additional 518,984 shares during the last quarter. Schnieders Capital Management LLC. acquired a new stake in Schwab US Broad Market ETF in the second quarter valued at $218,000. Finally, Arkadios Wealth Advisors grew its holdings in shares of Schwab US Broad Market ETF by 73.2% during the second quarter. Arkadios Wealth Advisors now owns 19,386 shares of the company’s stock worth $462,000 after buying an additional 8,193 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB traded up $0.10 during mid-day trading on Monday, hitting $26.59. 8,996,862 shares of the company’s stock were exchanged, compared to its average volume of 9,036,149. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $26.94. The company has a market cap of $38.73 billion, a PE ratio of 25.08 and a beta of 1.02. The business has a fifty day moving average price of $26.57 and a 200 day moving average price of $26.00.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.