Breakwater Investment Management Sells 10,209 Shares of Schwab US Broad Market ETF $SCHB

Breakwater Investment Management lessened its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 936,063 shares of the company’s stock after selling 10,209 shares during the period. Schwab US Broad Market ETF accounts for approximately 8.6% of Breakwater Investment Management’s investment portfolio, making the stock its 2nd biggest position. Breakwater Investment Management owned approximately 0.06% of Schwab US Broad Market ETF worth $22,306,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHB. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the first quarter valued at approximately $25,000. Christopher J. Hasenberg Inc increased its position in shares of Schwab US Broad Market ETF by 310.6% during the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock worth $26,000 after purchasing an additional 820 shares in the last quarter. Wealth Preservation Advisors LLC acquired a new position in Schwab US Broad Market ETF in the 1st quarter valued at $30,000. Vermillion Wealth Management Inc. purchased a new position in Schwab US Broad Market ETF in the 4th quarter valued at $31,000. Finally, Curat Global LLC purchased a new position in Schwab US Broad Market ETF in the 1st quarter valued at $31,000.

Schwab US Broad Market ETF Trading Down 0.1%

SCHB opened at $25.49 on Wednesday. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $25.56. The firm has a market capitalization of $36.85 billion, a PE ratio of 25.08 and a beta of 1.03. The firm’s 50-day moving average price is $24.66 and its 200 day moving average price is $22.97.

Schwab US Broad Market ETF Company 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.