Savant Capital LLC Reduces Stock Position in Schwab US Broad Market ETF $SCHB

Savant Capital LLC reduced its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,799,604 shares of the company’s stock after selling 117,198 shares during the period. Savant Capital LLC’s holdings in Schwab US Broad Market ETF were worth $73,434,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Houlihan Financial Resource Group Ltd. bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter worth about $201,000. Foundations Investment Advisors LLC lifted its stake in Schwab US Broad Market ETF by 75.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 53,548 shares of the company’s stock worth $1,405,000 after purchasing an additional 23,036 shares during the last quarter. Godfrey Financial Associates Inc. bought a new stake in Schwab US Broad Market ETF in the fourth quarter worth about $51,000. Kingsview Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 13.4% in the fourth quarter. Kingsview Wealth Management LLC now owns 12,601 shares of the company’s stock worth $331,000 after purchasing an additional 1,487 shares during the last quarter. Finally, Smith Chas P & Associates PA Cpas bought a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $280,000.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $29.11 on Friday. The stock has a market cap of $43.04 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The stock’s 50 day moving average price is $27.04 and its 200-day moving average price is $26.58. Schwab US Broad Market ETF has a one year low of $22.48 and a one year high of $29.13.

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.