Curbstone Financial Management Corp Decreases Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Curbstone Financial Management Corp decreased its position in Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 121,718 shares of the company’s stock after selling 8,866 shares during the period. Schwab US Broad Market ETF accounts for 1.5% of Curbstone Financial Management Corp’s investment portfolio, making the stock its 15th biggest holding. Curbstone Financial Management Corp’s holdings in Schwab US Broad Market ETF were worth $6,776,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its holdings in Schwab US Broad Market ETF by 100.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 245 shares during the period. Oxford Financial Group Ltd. grew its position in shares of Schwab US Broad Market ETF by 100.0% during the 1st quarter. Oxford Financial Group Ltd. now owns 506 shares of the company’s stock valued at $27,000 after purchasing an additional 253 shares in the last quarter. Worth Asset Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter valued at $27,000. Lee Financial Co purchased a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at $35,000. Finally, Angeles Wealth Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $36,000.

Schwab US Broad Market ETF Stock Down 0.6 %

NYSEARCA:SCHB traded down $0.36 during midday trading on Friday, hitting $59.55. The company had a trading volume of 841,081 shares, compared to its average volume of 851,300. Schwab US Broad Market ETF has a 52-week low of $45.19 and a 52-week high of $60.49. The stock’s fifty day moving average price is $57.71 and its 200-day moving average price is $53.93. The company has a market capitalization of $26.53 billion, a PE ratio of 17.59 and a beta of 1.03.

About Schwab US Broad Market ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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