Roble Belko & Company Inc Lowers Stock Holdings in Schwab US Broad Market ETF $SCHB

Roble Belko & Company Inc trimmed its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 668,407 shares of the company’s stock after selling 68,433 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 2.1% of Roble Belko & Company Inc’s investment portfolio, making the stock its 14th biggest position. Roble Belko & Company Inc’s holdings in Schwab US Broad Market ETF were worth $16,777,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SCHB. Financial Life Planners acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter worth about $27,000. Birchwood Financial Partners Inc. purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $28,000. Wiser Advisor Group LLC acquired a new position in shares of Schwab US Broad Market ETF in the third quarter valued at approximately $29,000. Bayban acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $33,000. Finally, LRI Investments LLC acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $35,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $28.97 on Monday. The company has a market cap of $42.84 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $22.88 and a fifty-two week high of $29.35. The firm’s 50 day moving average price is $28.20 and its 200 day moving average price is $26.92.

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.