Schwab US Broad Market ETF $SCHB Shares Sold by Weinberger Asset Management Inc
by Jessica Moore · The Cerbat GemWeinberger Asset Management Inc lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 481,787 shares of the company’s stock after selling 36,432 shares during the period. Schwab US Broad Market ETF makes up approximately 4.6% of Weinberger Asset Management Inc’s portfolio, making the stock its 5th biggest holding. Weinberger Asset Management Inc’s holdings in Schwab US Broad Market ETF were worth $12,637,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Prospera Financial Services Inc raised its stake in shares of Schwab US Broad Market ETF by 3.7% during the fourth quarter. Prospera Financial Services Inc now owns 89,480 shares of the company’s stock worth $2,348,000 after purchasing an additional 3,223 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of Schwab US Broad Market ETF by 5.7% during the 4th quarter. Coldstream Capital Management Inc. now owns 15,620 shares of the company’s stock worth $410,000 after buying an additional 845 shares in the last quarter. Advisory Alpha LLC raised its stake in shares of Schwab US Broad Market ETF by 6.3% during the 4th quarter. Advisory Alpha LLC now owns 93,827 shares of the company’s stock worth $2,461,000 after buying an additional 5,580 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in shares of Schwab US Broad Market ETF by 175.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 526,377 shares of the company’s stock worth $13,807,000 after buying an additional 335,604 shares in the last quarter. Finally, Echo45 Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $313,000.
Schwab US Broad Market ETF Stock Performance
Shares of SCHB stock opened at $28.73 on Monday. The company has a market cap of $42.48 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The stock has a 50 day simple moving average of $26.79 and a 200-day simple moving average of $26.50. Schwab US Broad Market ETF has a 12-month low of $22.16 and a 12-month high of $28.85.
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.
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