waypoint wealth counsel Sells 36,323 Shares of Schwab US Broad Market ETF $SCHB

waypoint wealth counsel trimmed its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 35.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,985 shares of the company’s stock after selling 36,323 shares during the period. Schwab US Broad Market ETF makes up approximately 0.9% of waypoint wealth counsel’s holdings, making the stock its 16th biggest holding. waypoint wealth counsel’s holdings in Schwab US Broad Market ETF were worth $1,681,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Life Planners bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $27,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $28,000. Wiser Advisor Group LLC bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $29,000. Bayban bought a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at about $33,000. Finally, LRI Investments LLC bought a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at about $35,000.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $28.34 on Monday. The stock has a 50-day moving average of $28.39 and a 200 day moving average of $26.99. Schwab US Broad Market ETF has a 12 month low of $23.56 and a 12 month high of $29.35. The firm has a market cap of $41.91 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.