Schwab US Broad Market ETF $SCHB Position Lessened by Midwestern Financial LLC IA

Midwestern Financial LLC IA decreased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) by 10.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 185,988 shares of the company’s stock after selling 22,468 shares during the quarter. Schwab US Broad Market ETF comprises 4.0% of Midwestern Financial LLC IA’s holdings, making the stock its 8th biggest position. Midwestern Financial LLC IA’s holdings in Schwab US Broad Market ETF were worth $4,878,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SCHB. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $27,000. Wiser Advisor Group LLC purchased a new position in Schwab US Broad Market ETF during the third quarter worth approximately $29,000. LRI Investments LLC purchased a new position in Schwab US Broad Market ETF during the fourth quarter worth approximately $35,000. International Assets Investment Management LLC purchased a new position in Schwab US Broad Market ETF during the fourth quarter worth approximately $52,000. Finally, LGT Financial Advisors LLC purchased a new position in Schwab US Broad Market ETF during the third quarter worth approximately $52,000.

Schwab US Broad Market ETF Stock Up 1.2%

NYSEARCA:SCHB opened at $28.53 on Thursday. The company has a market cap of $42.19 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $22.16 and a fifty-two week high of $28.85. The firm’s 50 day moving average is $26.68 and its two-hundred day moving average is $26.46.

Schwab US Broad Market ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report).

Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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