Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Tranquility Partners LLC

Tranquility Partners LLC trimmed its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 11.9% in the fourth quarter, Holdings Channel reports. The fund owned 4,912 shares of the company’s stock after selling 661 shares during the period. Tranquility Partners LLC’s holdings in Schwab US Broad Market ETF were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC lifted its position in Schwab US Broad Market ETF by 112,256.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 45,434,657 shares of the company’s stock worth $2,035,927,000 after acquiring an additional 45,394,219 shares during the period. Wealthfront Advisers LLC lifted its holdings in shares of Schwab US Broad Market ETF by 93.3% in the 1st quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock valued at $1,499,007,000 after buying an additional 13,553,949 shares during the period. Rebalance LLC lifted its holdings in shares of Schwab US Broad Market ETF by 0.7% in the 3rd quarter. Rebalance LLC now owns 3,609,987 shares of the company’s stock valued at $179,958,000 after buying an additional 25,598 shares during the period. Hengehold Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 1.0% in the 4th quarter. Hengehold Capital Management LLC now owns 3,015,692 shares of the company’s stock valued at $167,884,000 after buying an additional 30,118 shares during the period. Finally, Bouchey Financial Group Ltd lifted its holdings in shares of Schwab US Broad Market ETF by 11.0% in the 4th quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock valued at $133,234,000 after buying an additional 237,905 shares during the period.

Schwab US Broad Market ETF Trading Up 0.2 %

Shares of SCHB traded up $0.11 during mid-day trading on Thursday, hitting $58.28. The company’s stock had a trading volume of 129,722 shares, compared to its average volume of 856,367. The firm has a 50-day simple moving average of $59.56 and a 200 day simple moving average of $55.40. The firm has a market capitalization of $26.73 billion, a P/E ratio of 24.49 and a beta of 1.03. Schwab US Broad Market ETF has a 1-year low of $46.92 and a 1-year high of $61.18.

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.