Callan Capital LLC Sells 22,929 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Callan Capital LLC reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,001,000 shares of the company’s stock after selling 22,929 shares during the period. Schwab US Broad Market ETF makes up approximately 10.5% of Callan Capital LLC’s holdings, making the stock its biggest holding. Callan Capital LLC owned 0.44% of Schwab US Broad Market ETF worth $125,803,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bruce G. Allen Investments LLC bought a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $29,000. GAMMA Investing LLC bought a new stake in Schwab US Broad Market ETF during the second quarter valued at $30,000. Johnson Financial Group Inc. grew its position in shares of Schwab US Broad Market ETF by 76.3% during the 4th quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after buying an additional 319 shares during the period. Scarborough Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the fourth quarter worth $43,000. Finally, Principal Securities Inc. acquired a new position in Schwab US Broad Market ETF during the 4th quarter worth approximately $46,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $66.24 on Friday. The firm’s 50-day simple moving average is $63.80 and its two-hundred day simple moving average is $61.96. Schwab US Broad Market ETF has a 52 week low of $47.46 and a 52 week high of $66.45. The firm has a market cap of $30.45 billion, a price-to-earnings ratio of 25.24 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.