Spire Wealth Management Sells 3,156 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Spire Wealth Management decreased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 10.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,471 shares of the company’s stock after selling 3,156 shares during the quarter. Spire Wealth Management’s holdings in Schwab US Broad Market ETF were worth $570,000 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 SCHB. Continuum Advisory LLC increased its stake in Schwab US Broad Market ETF by 0.9% during the fourth quarter. Continuum Advisory LLC now owns 59,616 shares of the company’s stock worth $1,353,000 after acquiring an additional 539 shares during the last quarter. Crewe Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 2.9% in the 1st quarter. Crewe Advisors LLC now owns 25,878 shares of the company’s stock worth $557,000 after purchasing an additional 725 shares during the period. Studio Investment Management LLC increased its position in shares of 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 valued at $25,000 after purchasing an additional 728 shares during the last quarter. Blume Capital Management Inc. raised its holdings in Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after buying an additional 741 shares during the period. Finally, Firethorn Wealth Partners LLC lifted its position in Schwab US Broad Market ETF by 1.3% in the first quarter. Firethorn Wealth Partners LLC now owns 57,888 shares of the company’s stock worth $1,246,000 after buying an additional 743 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.5%

NYSEARCA SCHB opened at $23.71 on Friday. Schwab US Broad Market ETF has a 52 week low of $18.53 and a 52 week high of $23.77. The firm has a market capitalization of $34.12 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. The company has a fifty day moving average of $22.44 and a two-hundred day moving average of $22.42.

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.