Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by D.B. Root & Company LLC

D.B. Root & Company LLC decreased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 155,774 shares of the company’s stock after selling 14,111 shares during the period. Schwab US Broad Market ETF makes up 3.2% of D.B. Root & Company LLC’s holdings, making the stock its 4th largest position. D.B. Root & Company LLC’s holdings in Schwab US Broad Market ETF were worth $9,510,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in SCHB. Zhang Financial LLC raised its holdings in Schwab US Broad Market ETF by 5.4% in the fourth quarter. Zhang Financial LLC now owns 153,865 shares of the company’s stock worth $8,566,000 after purchasing an additional 7,844 shares during the period. Natixis Advisors L.P. bought a new position in Schwab US Broad Market ETF during the third quarter worth about $666,000. Citigroup Inc. grew its stake in Schwab US Broad Market ETF by 9.9% in the third quarter. Citigroup Inc. now owns 3,062 shares of the company’s stock valued at $153,000 after acquiring an additional 275 shares during the period. NYL Investors LLC increased its holdings in shares of Schwab US Broad Market ETF by 43.1% in the fourth quarter. NYL Investors LLC now owns 70,000 shares of the company’s stock worth $3,897,000 after acquiring an additional 21,100 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Schwab US Broad Market ETF by 239.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock worth $31,693,000 after purchasing an additional 401,485 shares during the period.

Schwab US Broad Market ETF Trading Down 0.3 %

Shares of NYSEARCA:SCHB traded down $0.22 during trading on Friday, hitting $62.87. 720,946 shares of the company’s stock traded hands, compared to its average volume of 806,919. The company has a 50-day moving average price of $61.21 and a 200-day moving average price of $59.06. Schwab US Broad Market ETF has a 52 week low of $47.46 and a 52 week high of $63.52. The company has a market cap of $28.90 billion, a price-to-earnings ratio of 25.24 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.