Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,589 shares of the company’s stock after selling 2,268 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab US Broad Market ETF were worth $1,981,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Lee Financial Co acquired a new position in shares of Schwab US Broad Market ETF in the third quarter worth about $35,000. Creative Financial Designs Inc. ADV boosted its position in Schwab US Broad Market ETF by 55.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after acquiring an additional 221 shares during the period. BKM Wealth Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at about $41,000. Bfsg LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth approximately $41,000. Finally, Evolution Advisers Inc. boosted its stake in shares of Schwab US Broad Market ETF by 33.8% during the 4th quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after buying an additional 191 shares during the period.

Schwab US Broad Market ETF Price Performance

SCHB traded up $0.10 during trading on Tuesday, reaching $60.25. 684,094 shares of the stock traded hands, compared to its average volume of 856,651. The stock’s 50-day simple moving average is $59.65 and its two-hundred day simple moving average is $56.23. Schwab US Broad Market ETF has a fifty-two week low of $47.46 and a fifty-two week high of $61.18. The stock has a market cap of $27.68 billion, a price-to-earnings ratio of 24.20 and a beta of 1.03.

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.