Schwab US Broad Market ETF $SCHB Shares Sold by Madison Wealth Partners Inc

Madison Wealth Partners Inc trimmed its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 30.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 369,116 shares of the company’s stock after selling 161,008 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.8% of Madison Wealth Partners Inc’s portfolio, making the stock its 12th largest holding. Madison Wealth Partners Inc’s holdings in Schwab US Broad Market ETF were worth $9,682,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHB. Evergreen Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter worth about $161,772,000. Caprock Group LLC purchased a new stake in Schwab US Broad Market ETF during the third quarter worth about $54,987,000. Boulder Wealth Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the third quarter worth about $40,435,000. CWM LLC boosted its holdings in Schwab US Broad Market ETF by 304.7% during the fourth quarter. CWM LLC now owns 1,648,774 shares of the company’s stock worth $43,247,000 after buying an additional 1,241,374 shares in the last quarter. Finally, Modern Wealth Management LLC boosted its holdings in 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 Trading Up 0.2%

SCHB stock opened at $29.17 on Friday. The company has a market cap of $43.13 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $22.48 and a 52 week high of $29.23. The company’s 50-day moving average price is $27.12 and its 200 day moving average price is $26.60.

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.