PDS Planning Inc Trims Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

PDS Planning Inc cut its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 55,744 shares of the company’s stock after selling 2,716 shares during the quarter. PDS Planning Inc’s holdings in Schwab US Broad Market ETF were worth $1,200,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Brooklyn FI LLC grew its stake in Schwab US Broad Market ETF by 17,756.0% in the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock worth $576,012,000 after acquiring an additional 23,025,564 shares during the period. Betterment LLC boosted 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 worth $403,461,000 after purchasing an additional 11,718,291 shares during the last quarter. Rebalance LLC boosted 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 worth $257,280,000 after purchasing an additional 478,833 shares during the last quarter. SCS Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 170.1% in the fourth quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock valued at $231,631,000 after purchasing an additional 6,426,551 shares during the period. Finally, Evensky & Katz LLC increased its stake in Schwab US Broad Market ETF by 187.7% in the fourth quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock valued at $211,680,000 after purchasing an additional 6,084,141 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.4%

NYSEARCA SCHB opened at $23.39 on Thursday. The business’s 50-day moving average price is $22.30 and its 200 day moving average price is $22.42. Schwab US Broad Market ETF has a twelve month low of $18.53 and a twelve month high of $23.77. The company has a market capitalization of $33.68 billion, a PE ratio of 24.59 and a beta of 1.03.

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.