Schwab US Broad Market ETF $SCHB Shares Sold by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC lessened its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 34.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 217,479 shares of the company’s stock after selling 113,288 shares during the period. Main Street Financial Solutions LLC’s holdings in Schwab US Broad Market ETF were worth $5,704,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $27,000. Wiser Advisor Group LLC acquired a new position in Schwab US Broad Market ETF in the third quarter worth approximately $29,000. LRI Investments LLC acquired a new position in Schwab US Broad Market ETF in the fourth quarter worth approximately $35,000. Basepoint Wealth LLC acquired a new position in Schwab US Broad Market ETF in the fourth quarter worth approximately $38,000. Finally, Godfrey Financial Associates Inc. acquired a new position in Schwab US Broad Market ETF in the fourth quarter worth approximately $51,000.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $28.66 on Thursday. The firm has a market cap of $42.38 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $22.88 and a 1 year high of $29.35. The firm’s 50 day moving average price is $28.07 and its two-hundred day moving average price is $26.88.

About Schwab US Broad Market ETF

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.