Clarity Wealth Advisors LLC Trims Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Clarity Wealth Advisors LLC reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,832 shares of the company’s stock after selling 603 shares during the period. Clarity Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $539,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV grew its position in shares of Schwab US Broad Market ETF by 55.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after purchasing an additional 221 shares in the last quarter. BKM Wealth Management LLC purchased a new position in Schwab US Broad Market ETF in the fourth quarter worth $41,000. Bfsg LLC purchased a new position in Schwab US Broad Market ETF in the fourth quarter worth $41,000. Johnson Financial Group Inc. grew its position in Schwab US Broad Market ETF by 76.3% in the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after acquiring an additional 319 shares in the last quarter. Finally, Evolution Advisers Inc. grew its position in Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after acquiring an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.3 %

NYSEARCA:SCHB traded down $0.22 during midday trading on Friday, hitting $62.87. The company had a trading volume of 720,946 shares, compared to its average volume of 806,919. The company has a market capitalization of $28.90 billion, a PE ratio of 25.24 and a beta of 1.02. The stock’s fifty day moving average price is $61.21 and its 200-day moving average price is $59.09. Schwab US Broad Market ETF has a 52-week low of $47.46 and a 52-week high of $63.52.

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.