Libra Wealth LLC Decreases Stake in Schwab US Broad Market ETF $SCHB

Libra Wealth LLC trimmed its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 711,919 shares of the company’s stock after selling 23,580 shares during the quarter. Schwab US Broad Market ETF makes up approximately 5.0% of Libra Wealth LLC’s portfolio, making the stock its 6th biggest holding. Libra Wealth LLC’s holdings in Schwab US Broad Market ETF were worth $17,869,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Evergreen Advisors LLC purchased a new position in Schwab US Broad Market ETF during the fourth quarter valued at approximately $161,772,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Schwab US Broad Market ETF in the 4th quarter worth approximately $77,479,000. Boulder Wealth Advisors LLC purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter worth approximately $40,435,000. Appalachian Capital Management Ltd purchased a new stake in Schwab US Broad Market ETF in the 4th quarter worth approximately $40,815,000. Finally, Focus Partners Wealth boosted its holdings in Schwab US Broad Market ETF by 130.3% in the 4th quarter. Focus Partners Wealth now owns 2,626,053 shares of the company’s stock valued at $68,881,000 after purchasing an additional 1,485,838 shares during the period.

Schwab US Broad Market ETF Price Performance

SCHB opened at $28.87 on Monday. The company has a fifty day moving average price of $28.55 and a 200-day moving average price of $27.08. The firm has a market capitalization of $43.08 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $23.83 and a one year high of $29.35.

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.