Boltwood Capital Management Sells 6,422 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Boltwood Capital Management reduced its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 14.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,673 shares of the company’s stock after selling 6,422 shares during the period. Boltwood Capital Management’s holdings in Schwab US Broad Market ETF were worth $2,506,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHB. Davis Capital Management raised its stake in Schwab US Broad Market ETF by 6.2% during the third quarter. Davis Capital Management now owns 227,546 shares of the company’s stock worth $15,136,000 after acquiring an additional 13,220 shares in the last quarter. Brightwater Advisory LLC bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth about $5,508,000. Sanctuary Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth about $620,000. Creekside Partners acquired a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $5,190,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in Schwab US Broad Market ETF during the 2nd quarter valued at about $28,000.

Schwab US Broad Market ETF Stock Up 0.0 %

NYSEARCA:SCHB opened at $65.90 on Thursday. The firm has a market cap of $30.29 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $47.46 and a 12 month high of $66.59. The company’s 50-day moving average price is $64.13 and its two-hundred day moving average price is $62.38.

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.