Schwab US Broad Market ETF (NYSEARCA:SCHB) Holdings Trimmed by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.8% during the 4th quarter, HoldingsChannel reports. The firm owned 31,696 shares of the company’s stock after selling 2,321 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Schwab US Broad Market ETF were worth $1,765,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHB. Morningstar Investment Services LLC grew its position in Schwab US Broad Market ETF by 114.4% during the 4th quarter. Morningstar Investment Services LLC now owns 1,425,586 shares of the company’s stock worth $79,705,000 after purchasing an additional 760,762 shares in the last quarter. Compass Advisory Group LLC grew its position in Schwab US Broad Market ETF by 384.5% during the 4th quarter. Compass Advisory Group LLC now owns 730,442 shares of the company’s stock worth $40,664,000 after purchasing an additional 579,689 shares in the last quarter. Focus Financial Network Inc. ADV purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $22,828,000. Goldman Sachs Group Inc. grew its holdings in shares of Schwab US Broad Market ETF by 239.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock valued at $31,693,000 after acquiring an additional 401,485 shares in the last quarter. Finally, Robinson Smith Wealth Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $16,490,000.

Schwab US Broad Market ETF Stock Down 0.2 %

Schwab US Broad Market ETF stock opened at $63.03 on Friday. The company’s fifty day simple moving average is $60.73 and its 200-day simple moving average is $58.68. Schwab US Broad Market ETF has a 12 month low of $47.46 and a 12 month high of $63.46. The stock has a market cap of $28.97 billion, a P/E ratio of 25.24 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.