Schwab US Broad Market ETF $SCHB Shares Sold by Roble Belko & Company Inc

Roble Belko & Company Inc decreased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 668,407 shares of the company’s stock after selling 68,433 shares during the period. Schwab US Broad Market ETF accounts for approximately 2.1% of Roble Belko & Company Inc’s portfolio, making the stock its 14th biggest position. Roble Belko & Company Inc’s holdings in Schwab US Broad Market ETF were worth $16,777,000 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. Rebalance LLC increased its stake in shares of Schwab US Broad Market ETF by 3.3% during the fourth quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock worth $392,485,000 after buying an additional 483,144 shares during the period. HighTower Advisors LLC grew its holdings in Schwab US Broad Market ETF by 11.0% during the 4th quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock worth $226,412,000 after acquiring an additional 854,800 shares in the last quarter. Bouchey Financial Group Ltd grew its holdings in Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock worth $213,866,000 after acquiring an additional 42,459 shares in the last quarter. Hanson & Doremus Investment Management increased its position in shares of Schwab US Broad Market ETF by 7.6% in the 4th quarter. Hanson & Doremus Investment Management now owns 7,007,872 shares of the company’s stock valued at $183,816,000 after purchasing an additional 493,815 shares during the last quarter. Finally, Evergreen Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at approximately $161,772,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $28.97 on Monday. Schwab US Broad Market ETF has a twelve month low of $22.88 and a twelve month high of $29.35. The firm’s fifty day simple moving average is $28.20 and its 200-day simple moving average is $26.92. The firm has a market capitalization of $42.84 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.