Tandem Investment Partners LLC Sells 541 Shares of Schwab US Broad Market ETF $SCHB

Tandem Investment Partners LLC lessened its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.3% in the second quarter, HoldingsChannel reports. The fund owned 40,194 shares of the company’s stock after selling 541 shares during the period. Tandem Investment Partners LLC’s holdings in Schwab US Broad Market ETF were worth $958,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHB. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at about $25,000. Christopher J. Hasenberg Inc raised its position in Schwab US Broad Market ETF by 310.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after purchasing an additional 820 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in Schwab US Broad Market ETF during the 1st quarter valued at approximately $30,000. Curat Global LLC bought a new position in Schwab US Broad Market ETF during the 1st quarter valued at approximately $31,000. Finally, Kayne Anderson Rudnick Investment Management LLC bought a new position in Schwab US Broad Market ETF during the 1st quarter valued at approximately $32,000.

Schwab US Broad Market ETF Price Performance

SCHB opened at $25.84 on Friday. The business has a 50 day simple moving average of $25.03 and a two-hundred day simple moving average of $23.31. The firm has a market capitalization of $37.54 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $25.99.

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.