Assetmark Inc. Sells 22,170 Shares of Schwab US Broad Market ETF $SCHB

Assetmark Inc. reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 791,488 shares of the company’s stock after selling 22,170 shares during the period. Assetmark Inc.’s holdings in Schwab US Broad Market ETF were worth $19,866,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SCHB. Financial Life Planners purchased a new stake in Schwab US Broad Market ETF in the first quarter worth $27,000. Birchwood Financial Partners Inc. purchased a new position in Schwab US Broad Market ETF during the 4th quarter valued at $28,000. Wiser Advisor Group LLC purchased a new position in Schwab US Broad Market ETF during the 3rd quarter valued at $29,000. Bayban purchased a new stake in shares of Schwab US Broad Market ETF in the 4th quarter worth about $33,000. Finally, LRI Investments LLC purchased a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at about $35,000.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $28.75 on Friday. Schwab US Broad Market ETF has a 1 year low of $23.85 and a 1 year high of $29.35. The company has a market cap of $43.01 billion, a P/E ratio of 25.08 and a beta of 1.02. The firm has a 50-day moving average of $28.79 and a 200 day moving average of $27.27.

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.