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

Midwestern Financial LLC IA lessened its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 10.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 185,988 shares of the company’s stock after selling 22,468 shares during the period. Schwab US Broad Market ETF accounts for approximately 4.0% of Midwestern Financial LLC IA’s portfolio, making the stock its 8th largest holding. Midwestern Financial LLC IA’s holdings in Schwab US Broad Market ETF were worth $4,878,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of SCHB. Brighton Jones LLC lifted its holdings in shares of Schwab US Broad Market ETF by 1,209.6% in the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after purchasing an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 50.4% in the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after purchasing an additional 518,984 shares in the last quarter. Schnieders Capital Management LLC. purchased a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at about $218,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Schwab US Broad Market ETF by 18.5% in the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock valued at $236,000 after purchasing an additional 1,552 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $28.53 on Thursday. Schwab US Broad Market ETF has a 12-month low of $22.16 and a 12-month high of $28.85. The company has a market capitalization of $42.19 billion, a PE ratio of 25.08 and a beta of 1.02. The firm’s 50-day moving average is $26.68 and its two-hundred day moving average is $26.46.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.