Schwab US Broad Market ETF $SCHB Holdings Trimmed by Gemmer Asset Management LLC

Gemmer Asset Management LLC reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.4% during the third quarter, Holdings Channel reports. The firm owned 1,078,260 shares of the company’s stock after selling 26,623 shares during the quarter. Schwab US Broad Market ETF makes up approximately 2.1% of Gemmer Asset Management LLC’s portfolio, making the stock its 12th biggest position. Gemmer Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $31,604,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SCHB. Hengehold Capital Management LLC bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter worth approximately $222,931,000. Forvis Mazars Wealth Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $175,355,000. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $72,509,000. Legacy Private Trust Co. bought a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $36,626,000. Finally, Nalls Sherbakoff Group LLC bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $21,214,000.

Schwab US Broad Market ETF Stock Down 1.2%

NYSEARCA SCHB opened at $29.28 on Friday. The firm has a market capitalization of $44.43 billion, a PE ratio of 25.08 and a beta of 1.02. The stock’s 50 day moving average is $29.62 and its 200 day moving average is $28.71. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15.

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.