waypoint wealth counsel Sells 36,323 Shares of Schwab US Broad Market ETF $SCHB

waypoint wealth counsel lowered its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 35.2% during the 1st quarter, HoldingsChannel reports. The fund owned 66,985 shares of the company’s stock after selling 36,323 shares during the period. Schwab US Broad Market ETF comprises about 0.9% of waypoint wealth counsel’s investment portfolio, making the stock its 16th largest holding. waypoint wealth counsel’s holdings in Schwab US Broad Market ETF were worth $1,681,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $27,000. Birchwood Financial Partners Inc. purchased a new stake in Schwab US Broad Market ETF in the 4th quarter worth about $28,000. Wiser Advisor Group LLC purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter worth about $29,000. Bayban bought a new stake in Schwab US Broad Market ETF in the fourth quarter worth about $33,000. Finally, LRI Investments LLC bought a new stake in Schwab US Broad Market ETF in the fourth quarter worth about $35,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $28.34 on Monday. Schwab US Broad Market ETF has a 1 year low of $23.56 and a 1 year high of $29.35. The business has a 50 day simple moving average of $28.39 and a two-hundred day simple moving average of $26.99. The firm has a market capitalization of $41.91 billion, a PE ratio of 25.08 and a beta of 1.02.

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