Schwab US Broad Market ETF $SCHB Stock Position Cut by Signaturefd LLC

Signaturefd LLC cut its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 74.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 158,356 shares of the company’s stock after selling 468,204 shares during the period. Signaturefd LLC’s holdings in Schwab US Broad Market ETF were worth $4,641,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHB. Financial Life Planners purchased a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $27,000. Markowski Investments bought a new stake in shares of Schwab US Broad Market ETF in the second quarter worth approximately $31,000. Sound Income Strategies LLC bought a new stake in shares of Schwab US Broad Market ETF in the first quarter worth approximately $35,000. Compass Financial Management LLC bought a new stake in shares of Schwab US Broad Market ETF in the second quarter worth approximately $38,000. Finally, Albion Financial Group UT purchased a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $38,000.

Schwab US Broad Market ETF Stock Down 0.5%

SCHB opened at $29.19 on Friday. The stock has a market capitalization of $44.35 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm has a 50 day moving average price of $29.57 and a 200-day moving average price of $28.86. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15.

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.