Strategic Financial Concepts LLC Sells 274,892 Shares of Schwab US Broad Market ETF $SCHB

Strategic Financial Concepts LLC cut its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 96.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,889 shares of the company’s stock after selling 274,892 shares during the quarter. Strategic Financial Concepts LLC’s holdings in Schwab US Broad Market ETF were worth $259,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Life Planners bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at approximately $27,000. Wiser Advisor Group LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at approximately $29,000. LRI Investments LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at approximately $35,000. International Assets Investment Management LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at approximately $52,000. Finally, LGT Financial Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at approximately $52,000.

Schwab US Broad Market ETF Trading Up 0.5%

Shares of Schwab US Broad Market ETF stock opened at $28.73 on Friday. The firm has a market capitalization of $42.48 billion, a PE ratio of 25.08 and a beta of 1.02. The firm’s 50 day moving average is $26.79 and its 200 day moving average is $26.49. Schwab US Broad Market ETF has a 1 year low of $22.16 and a 1 year high of $28.85.

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.