Capital Management Associates Inc trimmed its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 49.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,775,141 shares of the company’s stock after selling 1,752,141 shares during the period. Schwab US Broad Market ETF comprises 13.4% of Capital Management Associates Inc’s portfolio, making the stock its biggest holding. Capital Management Associates Inc’s holdings in Schwab US Broad Market ETF were worth $42,302,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Rebalance LLC boosted its position in Schwab US Broad Market ETF by 10.1% in the second quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after purchasing an additional 1,209,350 shares during the last quarter. SCS Capital Management LLC boosted its position in Schwab US Broad Market ETF by 16.6% in the first quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after purchasing an additional 1,697,159 shares during the last quarter. Hengehold Capital Management LLC boosted its position in Schwab US Broad Market ETF by 0.8% in the first quarter. Hengehold Capital Management LLC now owns 9,013,141 shares of the company’s stock worth $194,053,000 after purchasing an additional 70,735 shares during the last quarter. Strid Group LLC raised its stake in shares of Schwab US Broad Market ETF by 0.5% in the second quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock worth $206,322,000 after buying an additional 43,935 shares during the period. Finally, Bouchey Financial Group Ltd raised its stake in shares of Schwab US Broad Market ETF by 0.9% in the first quarter. Bouchey Financial Group Ltd now owns 8,238,465 shares of the company’s stock worth $177,374,000 after buying an additional 72,697 shares during the period.
Schwab US Broad Market ETF Stock Up 0.6%
NYSEARCA SCHB opened at $25.98 on Thursday. The stock’s 50-day moving average price is $25.12 and its 200-day moving average price is $23.39. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $25.99. The company has a market capitalization of $37.75 billion, a P/E ratio of 25.08 and a beta of 1.03.
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.
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