L. Roy Papp & Associates LLP Lowers Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

L. Roy Papp & Associates LLP lessened its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,675 shares of the company’s stock after selling 1,997 shares during the period. L. Roy Papp & Associates LLP’s holdings in Schwab US Broad Market ETF were worth $3,136,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Promus Capital LLC purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth about $25,000. Blume Capital Management Inc. lifted its stake in Schwab US Broad Market ETF by 200.3% in the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares in the last quarter. Tucker Asset Management LLC lifted its stake in Schwab US Broad Market ETF by 233.9% in the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 765 shares in the last quarter. Studio Investment Management LLC lifted its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 728 shares in the last quarter. Finally, Maryland Capital Advisors Inc. lifted its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $22.97 on Thursday. Schwab US Broad Market ETF has a one year low of $18.53 and a one year high of $23.77. The company has a market cap of $33.08 billion, a price-to-earnings ratio of 23.87 and a beta of 1.03. The business’s 50 day moving average price is $21.49 and its 200 day moving average price is $22.44.

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.