Schwab US Broad Market ETF $SCHB Shares Sold by Pullen Investment Management LLC

Pullen Investment Management LLC trimmed its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 13.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 175,243 shares of the company’s stock after selling 26,279 shares during the quarter. Schwab US Broad Market ETF comprises approximately 2.4% of Pullen Investment Management LLC’s portfolio, making the stock its 5th largest holding. Pullen Investment Management LLC’s holdings in Schwab US Broad Market ETF were worth $4,597,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SCHB. Boyum Wealth Architects LLC increased its holdings in shares of Schwab US Broad Market ETF by 10.3% during the third quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock valued at $31,508,000 after acquiring an additional 114,806 shares in the last quarter. Donaldson Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 14.3% in the 4th quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock worth $5,055,000 after purchasing an additional 24,114 shares in the last quarter. Cambridge Financial Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 43.8% in the 2nd quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock worth $4,525,000 after purchasing an additional 57,856 shares in the last quarter. Weaver Capital Management LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at $35,322,000. Finally, CW Advisors LLC grew its position in Schwab US Broad Market ETF by 146.4% in the 2nd quarter. CW Advisors LLC now owns 55,364 shares of the company’s stock valued at $1,319,000 after purchasing an additional 32,897 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $25.33 on Friday. The firm has a market capitalization of $37.25 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a fifty day simple moving average of $26.07 and a two-hundred day simple moving average of $26.09. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94.

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.