McCarthy Asset Management Inc. Sells 43,168 Shares of Schwab US Broad Market ETF $SCHB

McCarthy Asset Management Inc. trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 49.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,647 shares of the company’s stock after selling 43,168 shares during the quarter. Schwab US Broad Market ETF comprises about 0.6% of McCarthy Asset Management Inc.’s investment portfolio, making the stock its 17th largest holding. McCarthy Asset Management Inc.’s holdings in Schwab US Broad Market ETF were worth $1,171,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SCHB. Brighton Jones LLC grew its stake in Schwab US Broad Market ETF by 1,209.6% during the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after buying an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after buying an additional 14,279 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Schwab US Broad Market ETF by 50.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after buying an additional 518,984 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in Schwab US Broad Market ETF during the second quarter worth about $218,000. Finally, Russell Investments Group Ltd. grew its stake in Schwab US Broad Market ETF by 18.5% during the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock worth $236,000 after buying an additional 1,552 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.4%

Shares of Schwab US Broad Market ETF stock opened at $27.72 on Tuesday. The company has a market capitalization of $40.99 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 $21.43 and a 12-month high of $27.96. The firm’s 50-day moving average price is $26.21 and its two-hundred day moving average price is $26.26.

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.