Assetmark Inc. Reduces Stake in Schwab US Broad Market ETF $SCHB

Assetmark Inc. cut its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 791,488 shares of the company’s stock after selling 22,170 shares during the period. Assetmark Inc. owned 0.05% of Schwab US Broad Market ETF worth $19,866,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SCHB. Donaldson Capital Management LLC grew its stake in Schwab US Broad Market ETF by 14.3% in the 4th quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock worth $5,055,000 after buying an additional 24,114 shares in the last quarter. Sunburst Financial Group LLC grew its position in Schwab US Broad Market ETF by 1.9% in the fourth quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock worth $55,770,000 after acquiring an additional 39,321 shares in the last quarter. Farrow Financial Inc. increased its stake in Schwab US Broad Market ETF by 47.1% in the fourth quarter. Farrow Financial Inc. now owns 83,285 shares of the company’s stock valued at $2,185,000 after acquiring an additional 26,673 shares during the last quarter. Dorato Capital Management bought a new position in Schwab US Broad Market ETF in the fourth quarter valued at $2,500,000. Finally, Farther Finance Advisors LLC raised its position in Schwab US Broad Market ETF by 52.3% during the fourth quarter. Farther Finance Advisors LLC now owns 662,755 shares of the company’s stock valued at $17,384,000 after purchasing an additional 227,602 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.0%

Shares of SCHB stock opened at $28.75 on Friday. The business has a 50-day moving average price of $28.79 and a two-hundred day moving average price of $27.27. Schwab US Broad Market ETF has a 12-month low of $23.85 and a 12-month high of $29.35. The firm has a market cap of $43.01 billion, a P/E ratio of 25.08 and a beta of 1.02.

About Schwab US Broad Market ETF

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.