Smith & Howard Wealth Management LLC Sells 22,599 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Smith & Howard Wealth Management LLC trimmed its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 32.2% during the 1st quarter, HoldingsChannel reports. The fund owned 47,622 shares of the company’s stock after selling 22,599 shares during the quarter. Smith & Howard Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of SCHB. Promus Capital LLC bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at approximately $25,000. Blume Capital Management Inc. grew its stake in shares of Schwab US Broad Market ETF by 200.3% in the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares during the period. Tucker Asset Management LLC grew its stake in shares of Schwab US Broad Market ETF by 233.9% in the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after purchasing an additional 765 shares during the period. Studio Investment Management LLC grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after purchasing an additional 728 shares during the period. Finally, Wiser Advisor Group LLC grew its stake in shares of Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares during the period.

Schwab US Broad Market ETF Trading Up 1.0%

SCHB stock opened at $23.22 on Tuesday. Schwab US Broad Market ETF has a 1-year low of $18.53 and a 1-year high of $23.77. The firm has a market cap of $33.44 billion, a P/E ratio of 24.59 and a beta of 1.03. The business’s 50 day moving average is $22.18 and its 200-day moving average is $22.41.

About Schwab US Broad Market ETF

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.