Redhawk Wealth Advisors Inc. Has $2.45 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Redhawk Wealth Advisors Inc. reduced its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 31.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 113,975 shares of the company’s stock after selling 52,131 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $2,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tucker Asset Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 233.9% in the fourth quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after purchasing an additional 765 shares during the last quarter. Studio Investment Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after purchasing an additional 728 shares during the last quarter. Promus Capital LLC acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at $25,000. Blume Capital Management Inc. increased its holdings in shares of Schwab US Broad Market ETF by 200.3% in the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares during the last quarter. Finally, Maryland Capital Advisors Inc. increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $23.26 on Wednesday. The company’s 50-day simple moving average is $21.62 and its 200 day simple moving average is $22.44. Schwab US Broad Market ETF has a 52 week low of $18.53 and a 52 week high of $23.77. The company has a market capitalization of $33.49 billion, a PE ratio of 23.87 and a beta of 1.03.

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.