Stockman Wealth Management Inc. Sells 10,130 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Stockman Wealth Management Inc. reduced its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 30.8% in the first quarter, HoldingsChannel reports. The firm owned 22,720 shares of the company’s stock after selling 10,130 shares during the period. Stockman Wealth Management Inc.’s holdings in Schwab US Broad Market ETF were worth $489,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Brooklyn FI LLC increased its holdings in shares of Schwab US Broad Market ETF by 17,756.0% during the fourth quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after acquiring an additional 23,025,564 shares in the last quarter. Betterment LLC increased its holdings in shares of Schwab US Broad Market ETF by 193.5% during the fourth quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock valued at $403,461,000 after acquiring an additional 11,718,291 shares in the last quarter. Rebalance LLC increased its holdings in shares of Schwab US Broad Market ETF by 4.2% during the first quarter. Rebalance LLC now owns 11,949,838 shares of the company’s stock valued at $257,280,000 after acquiring an additional 478,833 shares in the last quarter. SCS Capital Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 170.1% during the fourth quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock valued at $231,631,000 after acquiring an additional 6,426,551 shares in the last quarter. Finally, Evensky & Katz LLC increased its holdings in shares of Schwab US Broad Market ETF by 187.7% during the fourth quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock valued at $211,680,000 after acquiring an additional 6,084,141 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.2%

NYSEARCA SCHB opened at $23.01 on Monday. The company has a market cap of $33.13 billion, a price-to-earnings ratio of 23.87 and a beta of 1.03. Schwab US Broad Market ETF has a 52 week low of $18.53 and a 52 week high of $23.77. The business has a 50 day moving average price of $21.85 and a 200-day moving average price of $22.43.

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.