Accredited Investors Inc. Sells 86,405 Shares of Schwab US Broad Market ETF $SCHB

Accredited Investors Inc. decreased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,719,541 shares of the company’s stock after selling 86,405 shares during the quarter. Schwab US Broad Market ETF accounts for about 6.6% of Accredited Investors Inc.’s holdings, making the stock its 2nd biggest holding. Accredited Investors Inc.’s holdings in Schwab US Broad Market ETF were worth $123,794,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SCHB. GeoWealth Management LLC boosted its position in shares of Schwab US Broad Market ETF by 0.4% in the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after buying an additional 388 shares in the last quarter. Occidental Asset Management LLC boosted its position in shares of Schwab US Broad Market ETF by 4.2% in the 4th quarter. Occidental Asset Management LLC now owns 9,880 shares of the company’s stock worth $259,000 after buying an additional 400 shares in the last quarter. Summit Place Financial Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 1.0% in the 4th quarter. Summit Place Financial Advisors LLC now owns 41,214 shares of the company’s stock worth $1,081,000 after buying an additional 425 shares in the last quarter. CENTRAL TRUST Co boosted its position in shares of Schwab US Broad Market ETF by 9.1% in the 4th quarter. CENTRAL TRUST Co now owns 5,444 shares of the company’s stock worth $143,000 after buying an additional 454 shares in the last quarter. Finally, LifeSteps Financial Inc. boosted its position in shares of Schwab US Broad Market ETF by 3.3% in the 4th quarter. LifeSteps Financial Inc. now owns 14,755 shares of the company’s stock worth $387,000 after buying an additional 467 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.3%

Schwab US Broad Market ETF stock opened at $28.42 on Friday. Schwab US Broad Market ETF has a 52 week low of $22.16 and a 52 week high of $28.85. The firm’s 50-day simple moving average is $26.55 and its 200 day simple moving average is $26.42. The firm has a market capitalization of $42.02 billion, a PE ratio of 25.08 and a beta of 1.02.

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.