Elgethun Capital Management Has $13.95 Million Position in Schwab US Broad Market ETF $SCHB

Elgethun Capital Management lowered its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 16.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 531,780 shares of the company’s stock after selling 107,827 shares during the period. Schwab US Broad Market ETF comprises about 2.4% of Elgethun Capital Management’s investment portfolio, making the stock its 13th biggest holding. Elgethun Capital Management’s holdings in Schwab US Broad Market ETF were worth $13,949,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Financial Life Planners bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at $27,000. Wiser Advisor Group LLC bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at $29,000. LRI Investments LLC bought a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $35,000. Basepoint Wealth LLC bought a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $38,000. Finally, Godfrey Financial Associates Inc. bought a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $51,000.

Schwab US Broad Market ETF Trading Down 0.7%

Schwab US Broad Market ETF stock opened at $29.11 on Thursday. The company has a market capitalization of $43.04 billion, a P/E ratio of 25.08 and a beta of 1.02. The firm’s fifty day simple moving average is $27.35 and its 200-day simple moving average is $26.67. Schwab US Broad Market ETF has a 1-year low of $22.81 and a 1-year high of $29.35.

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