Northwest Capital Management Inc trimmed its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 25.4% during the second quarter, HoldingsChannel.com reports. The fund owned 33,408 shares of the company’s stock after selling 11,372 shares during the period. Northwest Capital Management Inc’s holdings in Schwab US Broad Market ETF were worth $796,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of SCHB. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab US Broad Market ETF in the 2nd quarter worth $161,574,000. Kestra Advisory Services LLC grew its holdings in shares of Schwab US Broad Market ETF by 1,807.0% in the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock worth $47,421,000 after acquiring an additional 1,903,192 shares during the last quarter. Capital Management Associates Inc grew its holdings in shares of Schwab US Broad Market ETF by 107.6% in the 1st quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock worth $75,942,000 after acquiring an additional 1,828,084 shares during the last quarter. SCS Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 16.6% in the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after acquiring an additional 1,697,159 shares during the last quarter. Finally, Rebalance LLC grew its holdings in shares of Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after acquiring an additional 1,209,350 shares during the last quarter.
Schwab US Broad Market ETF Stock Up 1.5%
Shares of NYSEARCA SCHB opened at $25.59 on Tuesday. The stock has a market capitalization of $37.19 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The stock’s fifty day simple moving average is $25.20 and its 200 day simple moving average is $23.48. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.01.
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.
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Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report).
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