AMI Investment Management Inc. Cuts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

AMI Investment Management Inc. reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 14.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,040 shares of the company’s stock after selling 6,745 shares during the quarter. AMI Investment Management Inc.’s holdings in Schwab US Broad Market ETF were worth $2,229,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its holdings in Schwab US Broad Market ETF by 100.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 245 shares during the last quarter. Oxford Financial Group Ltd. raised its holdings in Schwab US Broad Market ETF by 100.0% in the 1st quarter. Oxford Financial Group Ltd. now owns 506 shares of the company’s stock worth $27,000 after purchasing an additional 253 shares in the last quarter. Worth Asset Management LLC bought a new position in Schwab US Broad Market ETF in the 1st quarter worth $27,000. Lee Financial Co bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth $35,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in Schwab US Broad Market ETF by 55.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after purchasing an additional 221 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.1 %

Shares of NYSEARCA SCHB opened at $61.05 on Friday. Schwab US Broad Market ETF has a 12 month low of $46.57 and a 12 month high of $61.18. The firm has a market capitalization of $27.19 billion, a PE ratio of 17.59 and a beta of 1.03. The firm has a fifty day simple moving average of $58.72 and a two-hundred day simple moving average of $54.50.

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.