Members Advisory Group LLC Has $41.89 Million Position in Schwab US Broad Market ETF $SCHB

Members Advisory Group LLC lowered its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,597,065 shares of the company’s stock after selling 169,049 shares during the quarter. Schwab US Broad Market ETF comprises about 15.8% of Members Advisory Group LLC’s portfolio, making the stock its largest position. Members Advisory Group LLC owned 0.11% of Schwab US Broad Market ETF worth $41,891,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Life Planners purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at $27,000. Wiser Advisor Group LLC purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at $29,000. First Pacific Financial purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at $51,000. LGT Financial Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at $52,000. Finally, Beacon Financial Strategies CORP purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at $64,000.

Schwab US Broad Market ETF Trading Down 0.6%

Shares of SCHB opened at $27.23 on Wednesday. Schwab US Broad Market ETF has a twelve month low of $19.98 and a twelve month high of $27.53. The company has a market cap of $40.16 billion, a P/E ratio of 25.08 and a beta of 1.02. The company’s fifty day simple moving average is $26.05 and its 200-day simple moving average is $26.17.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.