Blossom Wealth Management Has $1.34 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Blossom Wealth Management decreased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 19.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,085 shares of the company’s stock after selling 5,718 shares during the period. Schwab US Broad Market ETF comprises approximately 3.6% of Blossom Wealth Management’s holdings, making the stock its 5th largest position. Blossom Wealth Management’s holdings in Schwab US Broad Market ETF were worth $1,341,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. boosted its holdings in Schwab US Broad Market ETF by 100.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 488 shares of the company’s stock worth $26,000 after buying an additional 245 shares during the period. Oxford Financial Group Ltd. boosted its holdings in Schwab US Broad Market ETF by 100.0% in the 1st quarter. Oxford Financial Group Ltd. now owns 506 shares of the company’s stock worth $27,000 after buying an additional 253 shares during the period. Worth Asset Management LLC bought a new position in Schwab US Broad Market ETF in the 1st quarter worth $27,000. Creative Financial Designs Inc. ADV boosted its holdings in Schwab US Broad Market ETF by 55.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after buying an additional 221 shares during the period. Finally, Lee Financial Co bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth $35,000.

Schwab US Broad Market ETF Stock Down 1.1 %

SCHB stock traded down $0.68 during mid-day trading on Wednesday, hitting $59.88. The company had a trading volume of 1,069,550 shares, compared to its average volume of 850,657. The company has a market capitalization of $26.67 billion, a price-to-earnings ratio of 17.59 and a beta of 1.03. Schwab US Broad Market ETF has a 12-month low of $46.92 and a 12-month high of $61.18. The company has a 50-day moving average price of $59.33 and a 200 day moving average price of $55.04.

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.