Retirement Planning Group LLC Has $30.98 Million Holdings in Schwab US Broad Market ETF $SCHB

Retirement Planning Group LLC trimmed its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,180,968 shares of the company’s stock after selling 55,956 shares during the period. Schwab US Broad Market ETF accounts for approximately 1.0% of Retirement Planning Group LLC’s investment portfolio, making the stock its 18th biggest position. Retirement Planning Group LLC’s holdings in Schwab US Broad Market ETF were worth $30,977,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Caprock Group LLC acquired a new position in shares of Schwab US Broad Market ETF in the third quarter valued at approximately $54,987,000. Boulder Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $40,435,000. CWM LLC grew its holdings in Schwab US Broad Market ETF by 304.7% during the 4th quarter. CWM LLC now owns 1,648,774 shares of the company’s stock worth $43,247,000 after acquiring an additional 1,241,374 shares during the last quarter. Modern Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 422.7% during the 3rd quarter. Modern Wealth Management LLC now owns 1,518,936 shares of the company’s stock worth $39,052,000 after acquiring an additional 1,228,327 shares during the last quarter. Finally, Quantinno Capital Management LP increased its position in Schwab US Broad Market ETF by 942.2% in the 2nd quarter. Quantinno Capital Management LP now owns 1,234,589 shares of the company’s stock valued at $29,420,000 after acquiring an additional 1,116,125 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $28.34 on Thursday. Schwab US Broad Market ETF has a 52 week low of $21.43 and a 52 week high of $28.37. The firm has a market cap of $41.91 billion, a PE ratio of 25.08 and a beta of 1.02. The firm’s fifty day moving average is $26.27 and its 200-day moving average is $26.30.

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.