Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Successful Portfolios LLC

Successful Portfolios LLC lowered its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.5% in the first quarter, HoldingsChannel reports. The firm owned 217,617 shares of the company’s stock after selling 1,192 shares during the period. Schwab US Broad Market ETF makes up approximately 3.2% of Successful Portfolios LLC’s investment portfolio, making the stock its 8th biggest holding. Successful Portfolios LLC’s holdings in Schwab US Broad Market ETF were worth $4,685,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SCHB. Promus Capital LLC bought a new stake in Schwab US Broad Market ETF during the 4th quarter worth about $25,000. Blume Capital Management Inc. grew its holdings in Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after acquiring an additional 741 shares during the last quarter. Tucker Asset Management LLC grew its holdings in Schwab US Broad Market ETF by 233.9% during the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after acquiring an additional 765 shares during the last quarter. Studio Investment Management LLC grew its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after acquiring an additional 728 shares during the last quarter. Finally, Maryland Capital Advisors Inc. grew its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after acquiring an additional 774 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 1.0%

Shares of NYSEARCA:SCHB opened at $23.12 on Friday. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $23.77. The company’s 50-day moving average price is $21.54 and its two-hundred day moving average price is $22.44. The firm has a market cap of $33.29 billion, a P/E 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.