Schwab US Broad Market ETF $SCHB Shares Sold by AMI Investment Management Inc.

AMI Investment Management Inc. decreased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,876 shares of the company’s stock after selling 3,838 shares during the period. AMI Investment Management Inc.’s holdings in Schwab US Broad Market ETF were worth $2,309,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Christopher J. Hasenberg Inc lifted its stake in shares of Schwab US Broad Market ETF by 310.6% in the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after purchasing an additional 820 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at about $25,000. Wealth Preservation Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at about $30,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at about $32,000. Finally, Brooklyn Investment Group acquired a new position in Schwab US Broad Market ETF during the first quarter worth about $49,000.

Schwab US Broad Market ETF Trading Up 0.6%

Shares of SCHB opened at $25.98 on Thursday. The stock has a market cap of $37.75 billion, a P/E ratio of 25.08 and a beta of 1.03. The company has a 50-day moving average of $25.12 and a two-hundred day moving average of $23.39. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $25.99.

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.