Schwab US Broad Market ETF $SCHB Stock Position Cut by Roger Wittlin Investment Advisory LLC

Roger Wittlin Investment Advisory LLC lessened its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 15.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 498,333 shares of the company’s stock after selling 90,635 shares during the quarter. Schwab US Broad Market ETF comprises about 9.1% of Roger Wittlin Investment Advisory LLC’s holdings, making the stock its 4th biggest holding. Roger Wittlin Investment Advisory LLC’s holdings in Schwab US Broad Market ETF were worth $13,071,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF in the third quarter valued at approximately $27,000. Wiser Advisor Group LLC acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $29,000. First Pacific Financial acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $51,000. LGT Financial Advisors LLC purchased a new position in Schwab US Broad Market ETF in the 3rd quarter valued at approximately $52,000. Finally, Beacon Financial Strategies CORP purchased a new position in Schwab US Broad Market ETF in the 4th quarter valued at approximately $64,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $25.33 on Friday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.94. The company has a fifty day simple moving average of $26.07 and a two-hundred day simple moving average of $26.09. The company has a market cap of $37.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.