Berkshire Asset Management LLC PA Lowers Stock Position in Schwab US Broad Market ETF $SCHB

Berkshire Asset Management LLC PA lessened its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% during the first quarter, Holdings Channel.com reports. The firm owned 196,668 shares of the company’s stock after selling 2,173 shares during the quarter. Berkshire Asset Management LLC PA’s holdings in Schwab US Broad Market ETF were worth $4,285,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SCHB. Betterment LLC boosted its holdings in Schwab US Broad Market ETF by 193.5% in the 4th quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock valued at $403,461,000 after purchasing an additional 11,718,291 shares in the last quarter. SCS Capital Management LLC boosted its holdings in Schwab US Broad Market ETF by 170.1% in the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock valued at $231,631,000 after purchasing an additional 6,426,551 shares in the last quarter. Evensky & Katz LLC boosted its holdings in Schwab US Broad Market ETF by 187.7% in the 4th quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock valued at $211,680,000 after purchasing an additional 6,084,141 shares in the last quarter. Retirement Planning Group LLC boosted its holdings in Schwab US Broad Market ETF by 222.5% in the 4th quarter. Retirement Planning Group LLC now owns 5,777,637 shares of the company’s stock valued at $131,152,000 after purchasing an additional 3,986,204 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Schwab US Broad Market ETF by 191.1% in the 4th quarter. Captrust Financial Advisors now owns 3,320,913 shares of the company’s stock valued at $75,385,000 after purchasing an additional 2,179,908 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.0%

Shares of SCHB opened at $24.82 on Tuesday. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $24.92. The stock’s 50 day moving average is $24.02 and its two-hundred day moving average is $22.72. The firm has a market capitalization of $35.88 billion, a PE ratio of 25.08 and a beta of 1.03.

About Schwab US Broad Market ETF

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.