Schwab US Broad Market ETF $SCHB Holdings Lowered by SCS Capital Management LLC

SCS Capital Management LLC decreased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,909,368 shares of the company’s stock after selling 290,555 shares during the quarter. Schwab US Broad Market ETF makes up 3.3% of SCS Capital Management LLC’s holdings, making the stock its 6th largest position. SCS Capital Management LLC owned about 0.82% of Schwab US Broad Market ETF worth $312,383,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of SCHB. Financial Life Planners purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter worth about $27,000. Wiser Advisor Group LLC purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter worth about $29,000. LRI Investments LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth about $35,000. Basepoint Wealth LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth about $38,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth about $51,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $29.17 on Monday. The company has a market capitalization of $43.13 billion, a P/E ratio of 25.08 and a beta of 1.02. The business’s 50 day moving average is $27.12 and its two-hundred day moving average is $26.60. Schwab US Broad Market ETF has a 12-month low of $22.48 and a 12-month high of $29.23.

Schwab US Broad Market ETF 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.