Fiduciary Group LLC Sells 4,754 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Fiduciary Group LLC lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 11.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 37,575 shares of the company’s stock after selling 4,754 shares during the period. Fiduciary Group LLC’s holdings in Schwab US Broad Market ETF were worth $2,092,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HighTower Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 74.8% in the third quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock worth $90,783,000 after purchasing an additional 779,722 shares during the last quarter. Compass Advisory Group LLC boosted its holdings in Schwab US Broad Market ETF by 384.5% in the fourth quarter. Compass Advisory Group LLC now owns 730,442 shares of the company’s stock valued at $40,664,000 after acquiring an additional 579,689 shares in the last quarter. GSG Advisors LLC purchased a new position in Schwab US Broad Market ETF during the 3rd quarter valued at $15,503,000. Cerity Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 259.7% in the 4th quarter. Cerity Partners LLC now owns 394,955 shares of the company’s stock worth $21,987,000 after purchasing an additional 285,145 shares during the period. Finally, Wynn Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 4th quarter worth about $15,332,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB traded up $0.51 during midday trading on Friday, hitting $59.11. 534,844 shares of the company traded hands, compared to its average volume of 863,003. The firm has a market cap of $27.16 billion, a P/E ratio of 24.20 and a beta of 1.03. The stock has a 50-day moving average price of $59.59 and a 200 day moving average price of $55.82. Schwab US Broad Market ETF has a 12-month low of $46.92 and a 12-month high of $61.18.

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.