Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Bfsg LLC

Bfsg LLC decreased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 35.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,656 shares of the company’s stock after selling 1,990 shares during the period. Bfsg LLC’s holdings in Schwab US Broad Market ETF were worth $79,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Brooklyn FI LLC raised its holdings in shares of Schwab US Broad Market ETF by 17,756.0% during the fourth quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after buying an additional 23,025,564 shares during the last quarter. Betterment LLC increased its position in Schwab US Broad Market ETF by 193.5% in the 4th quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock valued at $403,461,000 after acquiring an additional 11,718,291 shares during the period. Rebalance LLC raised its stake in Schwab US Broad Market ETF by 199.9% during the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after acquiring an additional 7,646,591 shares in the last quarter. SCS Capital Management LLC boosted its position in Schwab US Broad Market ETF by 170.1% during the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock worth $231,631,000 after acquiring an additional 6,426,551 shares during the period. Finally, Evensky & Katz LLC boosted its position in Schwab US Broad Market ETF by 187.7% during the 4th quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock worth $211,680,000 after acquiring an additional 6,084,141 shares during the period.

Schwab US Broad Market ETF Stock Down 0.8%

Shares of NYSEARCA SCHB opened at $23.04 on Wednesday. Schwab US Broad Market ETF has a fifty-two week low of $18.53 and a fifty-two week high of $23.77. The firm’s 50-day simple moving average is $21.98 and its 200 day simple moving average is $22.43. The stock has a market cap of $33.18 billion, a P/E ratio of 23.87 and a beta of 1.03.

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.