Main Street Group LTD lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 4.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 28,772 shares of the company’s stock after selling 1,432 shares during the period. Schwab US Broad Market ETF makes up 0.8% of Main Street Group LTD’s investment portfolio, making the stock its 15th biggest position. Main Street Group LTD’s holdings in Schwab US Broad Market ETF were worth $1,811,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of SCHB. Goldman Sachs Group Inc. boosted its stake in shares of Schwab US Broad Market ETF by 239.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock valued at $31,693,000 after purchasing an additional 401,485 shares in the last quarter. NYL Investors LLC grew its holdings in Schwab US Broad Market ETF by 43.1% during the 4th quarter. NYL Investors LLC now owns 70,000 shares of the company’s stock worth $3,897,000 after acquiring an additional 21,100 shares during the last quarter. Agilis Partners LLC increased its position in Schwab US Broad Market ETF by 6.6% in the 4th quarter. Agilis Partners LLC now owns 903,629 shares of the company’s stock valued at $50,305,000 after acquiring an additional 55,670 shares during the period. EP Wealth Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 64.8% during the fourth quarter. EP Wealth Advisors LLC now owns 33,102 shares of the company’s stock valued at $1,843,000 after acquiring an additional 13,019 shares during the last quarter. Finally, Burkett Financial Services LLC bought a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at $603,000.
Schwab US Broad Market ETF Price Performance
Shares of Schwab US Broad Market ETF stock traded down $1.08 during trading on Friday, hitting $62.54. The company’s stock had a trading volume of 753,250 shares, compared to its average volume of 785,616. The stock has a market cap of $28.75 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $47.46 and a 52 week high of $65.57. The stock has a 50-day moving average price of $63.64 and a two-hundred day moving average price of $61.60.
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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