Smithbridge Asset Management Inc. DE Sells 8,808 Shares of Schwab US Broad Market ETF $SCHB

Smithbridge Asset Management Inc. DE lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 22.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 30,253 shares of the company’s stock after selling 8,808 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Schwab US Broad Market ETF were worth $721,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHB. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Schwab US Broad Market ETF in the first quarter valued at approximately $25,000. Christopher J. Hasenberg Inc lifted its position in Schwab US Broad Market ETF by 310.6% in the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after purchasing an additional 820 shares during the last quarter. Wealth Preservation Advisors LLC bought a new stake in Schwab US Broad Market ETF in the first quarter valued at approximately $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of Schwab US Broad Market ETF during the first quarter valued at approximately $32,000. Finally, Brooklyn Investment Group bought a new position in shares of Schwab US Broad Market ETF during the first quarter valued at approximately $49,000.

Schwab US Broad Market ETF Stock Down 0.7%

Shares of Schwab US Broad Market ETF stock opened at $25.51 on Friday. The company has a market cap of $37.08 billion, a PE ratio of 25.08 and a beta of 1.03. The business has a 50 day moving average of $25.27 and a 200 day moving average of $23.54. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.01.

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.