Disciplined Investments LLC Trims Stock Position in Schwab US Broad Market ETF $SCHB

Disciplined Investments LLC cut its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 61.6% in the 4th quarter, Holdings Channel reports. The fund owned 23,744 shares of the company’s stock after selling 38,127 shares during the quarter. Disciplined Investments LLC’s holdings in Schwab US Broad Market ETF were worth $623,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Life Planners purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at approximately $27,000. Wiser Advisor Group LLC purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at approximately $29,000. LRI Investments LLC purchased a new stake in Schwab US Broad Market ETF during the 4th quarter valued at approximately $35,000. International Assets Investment Management LLC purchased a new stake in Schwab US Broad Market ETF during the 4th quarter valued at approximately $52,000. Finally, LGT Financial Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at approximately $52,000.

Schwab US Broad Market ETF Stock Down 1.3%

Shares of NYSEARCA:SCHB opened at $28.42 on Friday. The company has a market cap of $42.02 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $22.16 and a 52 week high of $28.85. The company has a 50-day moving average price of $26.55 and a 200 day moving average price of $26.42.

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