Curbstone Financial Management Corp Sells 3,250 Shares of Schwab US Broad Market ETF $SCHB

Curbstone Financial Management Corp decreased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 325,634 shares of the company’s stock after selling 3,250 shares during the quarter. Schwab US Broad Market ETF makes up about 1.6% of Curbstone Financial Management Corp’s investment portfolio, making the stock its 14th biggest position. Curbstone Financial Management Corp’s holdings in Schwab US Broad Market ETF were worth $7,760,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SCHB. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Schwab US Broad Market ETF during the first quarter valued at $25,000. Christopher J. Hasenberg Inc raised its stake in shares of Schwab US Broad Market ETF by 310.6% during the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after acquiring an additional 820 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in shares of Schwab US Broad Market ETF during the first quarter valued at $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of Schwab US Broad Market ETF during the first quarter valued at $32,000. Finally, Brooklyn Investment Group bought a new position in shares of Schwab US Broad Market ETF during the first quarter valued at $49,000.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $25.63 on Friday. The company has a fifty day moving average price of $25.29 and a 200-day moving average price of $23.57. The company has a market capitalization of $37.25 billion, a P/E ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.01.

About Schwab US Broad Market ETF

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.