RHS Financial LLC lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 7.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 291,481 shares of the company’s stock after selling 22,977 shares during the period. Schwab US Broad Market ETF accounts for 3.7% of RHS Financial LLC’s portfolio, making the stock its 4th largest position. RHS Financial LLC’s holdings in Schwab US Broad Market ETF were worth $7,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently bought and sold shares of SCHB. Boyum Wealth Architects LLC increased its stake in shares of Schwab US Broad Market ETF by 10.3% in the 3rd quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock valued at $31,508,000 after buying an additional 114,806 shares during the period. SCS Capital Management LLC raised its position in shares of Schwab US Broad Market ETF by 2.7% during the second quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after acquiring an additional 322,220 shares during the last quarter. Donaldson Capital Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 14.3% during the fourth quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock valued at $5,055,000 after acquiring an additional 24,114 shares during the period. Cambridge Financial Group LLC lifted its stake in shares of Schwab US Broad Market ETF by 43.8% during the second quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock valued at $4,525,000 after acquiring an additional 57,856 shares during the period. Finally, Weaver Capital Management LLC bought a new position in Schwab US Broad Market ETF in the third quarter valued at about $35,322,000.
Schwab US Broad Market ETF Stock Up 0.8%
Shares of SCHB stock opened at $25.30 on Thursday. The stock has a 50-day moving average price of $26.12 and a 200 day moving average price of $26.09. The firm has a market cap of $36.86 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94.
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.
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