Empirical Financial Services LLC d.b.a. Empirical Wealth Management Cuts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,589 shares of the company’s stock after selling 2,268 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab US Broad Market ETF were worth $1,981,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SCHB. Zhang Financial LLC grew its holdings in Schwab US Broad Market ETF by 5.4% during the 4th quarter. Zhang Financial LLC now owns 153,865 shares of the company’s stock valued at $8,566,000 after buying an additional 7,844 shares in the last quarter. Natixis Advisors L.P. purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter worth about $666,000. Morningstar Investment Services LLC increased its stake in Schwab US Broad Market ETF by 6.9% in the 3rd quarter. Morningstar Investment Services LLC now owns 664,824 shares of the company’s stock worth $33,215,000 after acquiring an additional 43,035 shares during the last quarter. Citigroup Inc. grew its holdings in shares of Schwab US Broad Market ETF by 9.9% in the third quarter. Citigroup Inc. now owns 3,062 shares of the company’s stock valued at $153,000 after purchasing an additional 275 shares in the last quarter. Finally, WBH Advisory Inc. raised its stake in Schwab US Broad Market ETF by 2.7% during the fourth quarter. WBH Advisory Inc. now owns 556,907 shares of the company’s stock valued at $31,003,000 after purchasing an additional 14,679 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB traded up $0.10 on Tuesday, reaching $60.25. The company’s stock had a trading volume of 684,094 shares, compared to its average volume of 856,651. The company has a 50-day simple moving average of $59.65 and a 200 day simple moving average of $56.23. The company has a market cap of $27.68 billion, a P/E ratio of 24.20 and a beta of 1.03. Schwab US Broad Market ETF has a 52-week low of $47.46 and a 52-week high of $61.18.

Schwab US Broad Market ETF Company 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.