Belvedere Trading LLC Sells 18,800 Shares of Schwab US Broad Market ETF $SCHB

Belvedere Trading LLC lessened its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 32.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,154 shares of the company’s stock after selling 18,800 shares during the quarter. Belvedere Trading LLC’s holdings in Schwab US Broad Market ETF were worth $1,027,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners bought a new position in Schwab US Broad Market ETF in the third quarter valued at $27,000. Wiser Advisor Group LLC bought a new position in Schwab US Broad Market ETF in the third quarter valued at $29,000. LRI Investments LLC bought a new position in Schwab US Broad Market ETF in the fourth quarter valued at $35,000. Basepoint Wealth LLC bought a new position in Schwab US Broad Market ETF in the fourth quarter valued at $38,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Schwab US Broad Market ETF during the fourth quarter valued at about $51,000.

Schwab US Broad Market ETF Stock Up 0.2%

NYSEARCA SCHB opened at $29.17 on Friday. The company has a 50-day simple moving average of $27.12 and a two-hundred day simple moving average of $26.60. Schwab US Broad Market ETF has a 12-month low of $22.48 and a 12-month high of $29.23. The firm has a market cap of $43.13 billion, a price-to-earnings 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.