Belvedere Trading LLC Sells 18,800 Shares of Schwab US Broad Market ETF $SCHB

Belvedere Trading LLC lowered its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 32.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,154 shares of the company’s stock after selling 18,800 shares during the period. Belvedere Trading LLC’s holdings in Schwab US Broad Market ETF were worth $1,027,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. GeoWealth Management LLC increased its position in shares of Schwab US Broad Market ETF by 0.4% in the third quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock valued at $2,572,000 after acquiring an additional 388 shares during the period. Occidental Asset Management LLC grew its stake in shares of Schwab US Broad Market ETF by 4.2% in the fourth quarter. Occidental Asset Management LLC now owns 9,880 shares of the company’s stock worth $259,000 after purchasing an additional 400 shares during the last quarter. Summit Place Financial Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 1.0% in the fourth quarter. Summit Place Financial Advisors LLC now owns 41,214 shares of the company’s stock worth $1,081,000 after purchasing an additional 425 shares during the last quarter. CENTRAL TRUST Co grew its stake in shares of Schwab US Broad Market ETF by 9.1% in the fourth quarter. CENTRAL TRUST Co now owns 5,444 shares of the company’s stock worth $143,000 after purchasing an additional 454 shares during the last quarter. Finally, LifeSteps Financial Inc. grew its stake in shares of Schwab US Broad Market ETF by 3.3% in the fourth quarter. LifeSteps Financial Inc. now owns 14,755 shares of the company’s stock worth $387,000 after purchasing an additional 467 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $29.17 on Friday. The stock has a market capitalization of $43.13 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $22.48 and a 1 year high of $29.23. The business’s 50-day moving average is $27.12 and its 200 day moving average is $26.60.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.