Smithbridge Asset Management Inc. DE trimmed its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 22.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 30,253 shares of the company’s stock after selling 8,808 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Schwab US Broad Market ETF were worth $721,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Graver Capital Management LLC grew its stake in shares of Schwab US Broad Market ETF by 3.0% in the second quarter. Graver Capital Management LLC now owns 260,009 shares of the company’s stock worth $6,196,000 after acquiring an additional 7,502 shares during the last quarter. Empirical Asset Management LLC purchased a new stake in shares of Schwab US Broad Market ETF during the second quarter valued at $215,000. Harbor Asset Planning Inc. bought a new position in Schwab US Broad Market ETF in the second quarter valued at about $527,000. Barden Capital Management Inc. lifted its holdings in Schwab US Broad Market ETF by 4.6% in the second quarter. Barden Capital Management Inc. now owns 88,773 shares of the company’s stock valued at $2,115,000 after acquiring an additional 3,929 shares during the period. Finally, Creekside Partners lifted its holdings in Schwab US Broad Market ETF by 11.6% in the second quarter. Creekside Partners now owns 298,086 shares of the company’s stock valued at $7,103,000 after acquiring an additional 30,953 shares during the period.
Schwab US Broad Market ETF Stock Performance
SCHB stock opened at $25.51 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.01. The business’s 50-day moving average is $25.27 and its two-hundred day moving average is $23.54. The company has a market cap of $37.08 billion, a price-to-earnings ratio of 25.08 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.
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