Spire Wealth Management Lowers Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Spire Wealth Management trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,151 shares of the company’s stock after selling 461 shares during the period. Spire Wealth Management’s holdings in Schwab US Broad Market ETF were worth $795,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHB. Lee Financial Co acquired a new position in Schwab US Broad Market ETF during the third quarter worth $35,000. Creative Financial Designs Inc. ADV grew its stake in shares of 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 purchasing an additional 221 shares during the period. BKM Wealth Management LLC purchased a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at about $41,000. Bfsg LLC acquired a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $41,000. Finally, Evolution Advisers Inc. boosted its holdings in Schwab US Broad Market ETF by 33.8% during the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after buying an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.1 %

Shares of SCHB opened at $60.21 on Thursday. Schwab US Broad Market ETF has a twelve month low of $47.46 and a twelve month high of $61.18. The firm has a market capitalization of $27.66 billion, a P/E ratio of 24.20 and a beta of 1.03. The firm’s 50-day moving average is $59.70 and its two-hundred day moving average is $56.34.

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.