QRG Capital Management Inc. Decreases Stock Holdings in Schwab US Broad Market ETF $SCHB

QRG Capital Management Inc. reduced its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,415 shares of the company’s stock after selling 1,158 shares during the period. QRG Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in shares of Schwab US Broad Market ETF by 1,209.6% in the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC grew its holdings in Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after acquiring an additional 14,279 shares during the period. GAMMA Investing LLC grew its holdings in Schwab US Broad Market ETF by 2,053.0% during the first quarter. GAMMA Investing LLC now owns 31,132 shares of the company’s stock worth $670,000 after acquiring an additional 29,686 shares during the period. Park Avenue Securities LLC grew its holdings in Schwab US Broad Market ETF by 3.4% during the first quarter. Park Avenue Securities LLC now owns 37,673 shares of the company’s stock worth $811,000 after acquiring an additional 1,249 shares during the period. Finally, Liberty Capital Management Inc. grew its holdings in Schwab US Broad Market ETF by 8.0% during the first quarter. Liberty Capital Management Inc. now owns 407,966 shares of the company’s stock worth $8,784,000 after acquiring an additional 30,058 shares during the period.

Schwab US Broad Market ETF Stock Down 2.7%

Schwab US Broad Market ETF stock opened at $25.20 on Friday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.01. The business’s 50-day moving average price is $25.17 and its 200 day moving average price is $23.43. The firm has a market cap of $36.63 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03.

Schwab US Broad Market ETF 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.