Financial Management Professionals Inc. Cuts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Financial Management Professionals Inc. lessened its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,351 shares of the company’s stock after selling 773 shares during the period. Financial Management Professionals Inc.’s holdings in Schwab US Broad Market ETF were worth $2,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHB. Evolution Advisers Inc. boosted its holdings in Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after acquiring an additional 191 shares in the last quarter. Capital Investment Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 4.1% in the fourth quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock worth $272,000 after acquiring an additional 192 shares in the last quarter. Kades & Cheifetz LLC boosted its holdings in Schwab US Broad Market ETF by 2.8% in the fourth quarter. Kades & Cheifetz LLC now owns 8,215 shares of the company’s stock worth $457,000 after acquiring an additional 220 shares in the last quarter. DHJJ Financial Advisors Ltd. boosted its holdings in Schwab US Broad Market ETF by 0.5% in the first quarter. DHJJ Financial Advisors Ltd. now owns 45,493 shares of the company’s stock worth $2,777,000 after acquiring an additional 220 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its holdings in Schwab US Broad Market ETF by 55.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after acquiring an additional 221 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $62.87 on Friday. The company has a market cap of $28.90 billion, a PE ratio of 25.24 and a beta of 1.02. The business has a 50-day simple moving average of $61.21 and a two-hundred day simple moving average of $59.02. Schwab US Broad Market ETF has a fifty-two week low of $47.46 and a fifty-two week high of $63.52.

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.