Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Socha Financial Group LLC

Socha Financial Group LLC trimmed its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 990,003 shares of the company’s stock after selling 5,740 shares during the period. Schwab US Broad Market ETF makes up 26.4% of Socha Financial Group LLC’s holdings, making the stock its largest holding. Socha Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $55,113,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHB. Creative Financial Designs Inc. ADV raised its position in Schwab US Broad Market ETF by 55.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after purchasing an additional 221 shares in the last quarter. Lee Financial Co acquired a new position in shares of Schwab US Broad Market ETF during the third quarter worth $35,000. BKM Wealth Management LLC acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter worth $41,000. HighMark Wealth Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 45.0% during the fourth quarter. HighMark Wealth Management LLC now owns 838 shares of the company’s stock worth $47,000 after buying an additional 260 shares in the last quarter. Finally, Capital Management Associates Inc acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter worth $47,000.

Schwab US Broad Market ETF Stock Up 1.2 %

Shares of NYSEARCA:SCHB traded up $0.71 during trading on Tuesday, hitting $58.84. 639,081 shares of the company were exchanged, compared to its average volume of 868,675. The business’s 50 day moving average is $59.53 and its 200-day moving average is $55.62. The company has a market capitalization of $26.99 billion, a P/E ratio of 24.49 and a beta of 1.03. Schwab US Broad Market ETF has a 1-year low of $46.92 and a 1-year high of $61.18.

Schwab US Broad Market ETF 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.