Hengehold Capital Management LLC Sells 731,216 Shares of Schwab US Broad Market ETF $SCHB

Hengehold Capital Management LLC reduced its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,726,247 shares of the company’s stock after selling 731,216 shares during the quarter. Schwab US Broad Market ETF comprises approximately 17.1% of Hengehold Capital Management LLC’s portfolio, making the stock its biggest holding. Hengehold Capital Management LLC owned approximately 0.53% of Schwab US Broad Market ETF worth $202,659,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHB. GeoWealth Management LLC raised its holdings in Schwab US Broad Market ETF by 0.4% in the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock valued at $2,572,000 after acquiring an additional 388 shares during the last quarter. Occidental Asset Management LLC boosted its holdings in shares of 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 worth $259,000 after purchasing an additional 400 shares during the last quarter. ARS Wealth Advisors Group LLC grew its position in shares of Schwab US Broad Market ETF by 4.3% in the third quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock valued at $251,000 after purchasing an additional 405 shares during the period. Blue Trust Inc. increased its stake in Schwab US Broad Market ETF by 1.9% in the third quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock valued at $575,000 after purchasing an additional 414 shares during the last quarter. Finally, Summit Place Financial Advisors LLC increased its stake in Schwab US Broad Market ETF by 1.1% in the third quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock valued at $1,049,000 after purchasing an additional 425 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 2.9%

SCHB stock opened at $25.10 on Wednesday. The company has a market cap of $36.57 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.94. The stock has a 50-day moving average price of $26.15 and a two-hundred day moving average price of $26.10.

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.