Novare Capital Management LLC Sells 41,354 Shares of Schwab US Broad Market ETF $SCHB

Novare Capital Management LLC decreased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 31.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,582 shares of the company’s stock after selling 41,354 shares during the period. Novare Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,274,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of SCHB. GeoWealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 0.4% during the third quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after acquiring an additional 388 shares in the last quarter. Occidental Asset Management LLC grew its position in shares of Schwab US Broad Market ETF by 4.2% in the fourth quarter. Occidental Asset Management LLC now owns 9,880 shares of the company’s stock valued at $259,000 after purchasing an additional 400 shares in the last quarter. Summit Place Financial Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 1.0% during the 4th quarter. Summit Place Financial Advisors LLC now owns 41,214 shares of the company’s stock valued at $1,081,000 after purchasing an additional 425 shares during the period. Cherry Tree Wealth Management LLC raised its stake in shares of Schwab US Broad Market ETF by 0.4% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 116,680 shares of the company’s stock valued at $3,061,000 after purchasing an additional 434 shares during the period. Finally, CENTRAL TRUST Co raised its stake in shares of Schwab US Broad Market ETF by 9.1% during the 4th quarter. CENTRAL TRUST Co now owns 5,444 shares of the company’s stock valued at $143,000 after purchasing an additional 454 shares during the period.

Schwab US Broad Market ETF Trading Down 0.3%

SCHB stock opened at $28.88 on Tuesday. The firm has a 50 day moving average of $28.25 and a 200-day moving average of $26.94. The firm has a market capitalization of $42.70 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $22.88 and a 12 month high of $29.35.

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.