RHS Financial LLC Has $7.65 Million Stake in Schwab US Broad Market ETF $SCHB

RHS Financial LLC lessened its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 291,481 shares of the company’s stock after selling 22,977 shares during the quarter. Schwab US Broad Market ETF makes up about 3.7% of RHS Financial LLC’s investment portfolio, making the stock its 4th largest position. RHS Financial LLC’s holdings in Schwab US Broad Market ETF were worth $7,646,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SCHB. Boyum Wealth Architects LLC raised its stake in shares of Schwab US Broad Market ETF by 10.3% in the 3rd quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock valued at $31,508,000 after buying an additional 114,806 shares in the last quarter. SCS Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF by 2.7% during the 2nd quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock valued at $291,284,000 after acquiring an additional 322,220 shares in the last quarter. Donaldson Capital Management LLC increased its stake in Schwab US Broad Market ETF by 14.3% in the fourth quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock valued at $5,055,000 after acquiring an additional 24,114 shares during the period. Cambridge Financial Group LLC increased its stake in Schwab US Broad Market ETF by 43.8% in the second quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock valued at $4,525,000 after acquiring an additional 57,856 shares during the period. Finally, Weaver Capital Management LLC acquired a new position in Schwab US Broad Market ETF in the third quarter worth about $35,322,000.

Schwab US Broad Market ETF Stock Up 0.8%

Shares of SCHB opened at $25.30 on Thursday. The stock has a market cap of $36.86 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94. The company has a 50-day moving average price of $26.12 and a two-hundred day moving average price of $26.09.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.