Schwab US Broad Market ETF $SCHB Shares Sold by Weaver Capital Management LLC

Weaver Capital Management LLC trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 93.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,273 shares of the company’s stock after selling 1,285,598 shares during the quarter. Weaver Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,315,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SCHB. Gallagher Fiduciary Advisors LLC grew its position in Schwab US Broad Market ETF by 2,295.8% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after acquiring an additional 62,061,116 shares in the last quarter. Caprock Group LLC purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $54,987,000. Boulder Wealth Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the third quarter worth about $40,435,000. Rebalance LLC grew its position in shares of Schwab US Broad Market ETF by 10.0% during the third quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after buying an additional 1,320,879 shares in the last quarter. Finally, Modern Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF by 422.7% during the third quarter. Modern Wealth Management LLC now owns 1,518,936 shares of the company’s stock worth $39,052,000 after buying an additional 1,228,327 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $26.12 on Thursday. The business has a 50-day simple moving average of $26.00 and a 200-day simple moving average of $26.09. The company has a market cap of $38.41 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $18.93 and a one year high of $26.94.

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.