Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Total Investment Management Inc.

Total Investment Management Inc. trimmed its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 20.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,859 shares of the company’s stock after selling 2,038 shares during the period. Total Investment Management Inc.’s holdings in Schwab US Broad Market ETF were worth $438,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHB. Evolution Advisers Inc. increased its holdings in shares of Schwab US Broad Market ETF by 33.8% during the 4th quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after purchasing an additional 191 shares in the last quarter. Capital Investment Advisors LLC grew its position in Schwab US Broad Market ETF by 4.1% during the fourth quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock valued at $272,000 after buying an additional 192 shares during the period. Hendershot Investments Inc. increased its holdings in Schwab US Broad Market ETF by 0.8% in the third quarter. Hendershot Investments Inc. now owns 27,652 shares of the company’s stock valued at $1,378,000 after buying an additional 211 shares in the last quarter. Kades & Cheifetz LLC raised its position in shares of 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 during the period. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of Schwab US Broad Market ETF by 55.3% during the 4th 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 Up 0.9 %

NYSEARCA:SCHB opened at $59.11 on Friday. Schwab US Broad Market ETF has a 52 week low of $46.92 and a 52 week high of $61.18. The stock’s 50-day moving average price is $59.59 and its 200-day moving average price is $55.82. The stock has a market capitalization of $27.16 billion, a PE ratio of 24.20 and a beta of 1.03.

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.