Manchester Financial Inc. cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 0.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,432,268 shares of the company’s stock after selling 19,763 shares during the quarter. Schwab US Broad Market ETF accounts for about 16.8% of Manchester Financial Inc.’s investment portfolio, making the stock its largest holding. Manchester Financial Inc. owned 0.24% of Schwab US Broad Market ETF worth $90,028,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of SCHB. Brighton Jones LLC boosted its position in Schwab US Broad Market ETF by 1,209.6% during the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after acquiring an additional 211,168 shares during the period. Revolve Wealth Partners LLC boosted its position in Schwab US Broad Market ETF by 197.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after acquiring an additional 14,279 shares during the period. Goldman Sachs Group Inc. boosted its position in Schwab US Broad Market ETF by 50.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after acquiring an additional 518,984 shares during the period. Schnieders Capital Management LLC. acquired a new stake in Schwab US Broad Market ETF during the 2nd quarter worth about $218,000. Finally, Russell Investments Group Ltd. boosted its position in Schwab US Broad Market ETF by 18.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock worth $236,000 after acquiring an additional 1,552 shares during the period.
Schwab US Broad Market ETF Price Performance
Shares of Schwab US Broad Market ETF stock opened at $28.55 on Friday. The firm has a market cap of $42.22 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $22.88 and a 52-week high of $29.35. The stock has a 50-day simple moving average of $27.79 and a 200-day simple moving average of $26.80.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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