Connecticut Wealth Management LLC Sells 63,544 Shares of Schwab US Broad Market ETF $SCHB

Connecticut Wealth Management LLC reduced its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 84.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,096 shares of the company’s stock after selling 63,544 shares during the quarter. Connecticut Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $260,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHB. Studio Investment Management LLC lifted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 728 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the 1st quarter worth approximately $25,000. Wealth Preservation Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the 1st quarter worth approximately $30,000. Vermillion Wealth Management Inc. acquired a new stake in Schwab US Broad Market ETF during the 4th quarter worth approximately $31,000. Finally, Curat Global LLC acquired a new stake in Schwab US Broad Market ETF during the 1st quarter worth approximately $31,000.

Schwab US Broad Market ETF Trading Down 0.6%

NYSEARCA:SCHB opened at $24.94 on Friday. The stock has a market cap of $36.06 billion, a P/E ratio of 25.08 and a beta of 1.03. The stock has a 50 day simple moving average of $24.32 and a 200 day simple moving average of $22.81. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $25.11.

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.