Circle Wealth Management LLC Sells 269,205 Shares of Schwab US Broad Market ETF $SCHB

Circle Wealth Management LLC trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,758,008 shares of the company’s stock after selling 269,205 shares during the quarter. Schwab US Broad Market ETF makes up about 1.4% of Circle Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Circle Wealth Management LLC owned approximately 0.19% of Schwab US Broad Market ETF worth $59,380,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Studio Investment Management LLC grew its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after buying an additional 728 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Schwab US Broad Market ETF during the first quarter valued at approximately $25,000. Johnson Financial Group Inc. grew its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Johnson Financial Group Inc. now owns 1,191 shares of the company’s stock valued at $28,000 after buying an additional 794 shares during the period. Vermillion Wealth Management Inc. bought a new stake in Schwab US Broad Market ETF during the fourth quarter valued at approximately $31,000. Finally, Curat Global LLC bought a new stake in Schwab US Broad Market ETF during the first quarter valued at approximately $31,000.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $24.52 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $24.92. The firm’s fifty day moving average is $24.10 and its 200 day moving average is $22.76. The stock has a market cap of $35.45 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03.

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.