Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Garrison Asset Management LLC

Garrison Asset Management LLC lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,401 shares of the company’s stock after selling 1,407 shares during the period. Schwab US Broad Market ETF comprises 2.8% of Garrison Asset Management LLC’s investment portfolio, making the stock its 5th biggest position. Garrison Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $5,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Bruce G. Allen Investments LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter worth $29,000. GAMMA Investing LLC acquired a new stake in Schwab US Broad Market ETF in the second quarter valued at $30,000. Johnson Financial Group Inc. lifted its holdings in Schwab US Broad Market ETF by 76.3% during the 4th quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after buying an additional 319 shares during the last quarter. Scarborough Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $43,000. Finally, Principal Securities Inc. acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $46,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $65.06 on Friday. The stock’s 50-day simple moving average is $63.70 and its 200-day simple moving average is $61.81. The firm has a market capitalization of $29.91 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $47.46 and a fifty-two week high of $65.57.

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.