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

Weaver Capital Management LLC lowered its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 93.6% during the fourth quarter, Holdings Channel reports. 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.

Other large investors have also made changes to their positions in the company. Financial Life Planners acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $27,000. Wiser Advisor Group LLC acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $29,000. First Pacific Financial acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $51,000. LGT Financial Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $52,000. Finally, Beacon Financial Strategies CORP acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter valued at $64,000.

Schwab US Broad Market ETF Trading Up 2.6%

NYSEARCA SCHB opened at $26.12 on Thursday. The business’s 50-day moving average price is $26.00 and its 200 day moving average price is $26.09. Schwab US Broad Market ETF has a twelve month low of $18.93 and a twelve month high of $26.94. The company has a market capitalization of $38.41 billion, a PE ratio of 25.08 and a beta of 1.02.

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.