Embree Financial Group Cuts Position in Schwab US Broad Market ETF $SCHB

Embree Financial Group lessened its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 322,009 shares of the company’s stock after selling 23,520 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.1% of Embree Financial Group’s portfolio, making the stock its 22nd largest holding. Embree Financial Group’s holdings in Schwab US Broad Market ETF were worth $8,279,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Christopher J. Hasenberg Inc raised its holdings in shares of Schwab US Broad Market ETF by 310.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after buying an additional 820 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the first quarter worth approximately $30,000. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at $32,000. Brooklyn Investment Group purchased a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at $49,000. Finally, Golden State Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 4,138.9% during the 2nd quarter. Golden State Wealth Management LLC now owns 2,289 shares of the company’s stock valued at $55,000 after purchasing an additional 2,235 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.8%

Schwab US Broad Market ETF stock opened at $26.00 on Friday. The firm has a fifty day simple moving average of $25.99 and a two-hundred day simple moving average of $25.01. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.57. The company has a market capitalization of $37.83 billion, a PE 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.