Novare Capital Management LLC Decreases Stock Holdings in Schwab US Broad Market ETF $SCHB

Novare Capital Management LLC decreased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 22.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 131,936 shares of the company’s stock after selling 37,813 shares during the quarter. Novare Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,461,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. GeoWealth Management LLC raised its stake in 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 valued at $2,572,000 after purchasing an additional 388 shares in the last quarter. Occidental Asset Management LLC raised its stake in Schwab US Broad Market ETF by 4.2% during 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 Schwab US Broad Market ETF by 1.0% during the fourth 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 in the last quarter. CENTRAL TRUST Co raised its stake in Schwab US Broad Market ETF by 9.1% during the fourth quarter. CENTRAL TRUST Co now owns 5,444 shares of the company’s stock valued at $143,000 after purchasing an additional 454 shares in the last quarter. Finally, LifeSteps Financial Inc. raised its stake in Schwab US Broad Market ETF by 3.3% during the fourth quarter. LifeSteps Financial Inc. now owns 14,755 shares of the company’s stock valued at $387,000 after purchasing an additional 467 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.3%

Schwab US Broad Market ETF stock opened at $28.42 on Friday. The company has a market cap of $42.02 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm’s fifty day moving average is $26.55 and its 200 day moving average is $26.42. Schwab US Broad Market ETF has a 52-week low of $22.16 and a 52-week high of $28.85.

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.