Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Mengis Capital Management Inc.

Mengis Capital Management Inc. reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) by 10.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,453 shares of the company’s stock after selling 1,605 shares during the quarter. Mengis Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $721,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SCHB. Moneta Group Investment Advisors LLC raised its stake in Schwab US Broad Market ETF by 112,256.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 45,434,657 shares of the company’s stock valued at $2,035,927,000 after purchasing an additional 45,394,219 shares during the period. Wealthfront Advisers LLC raised its stake in Schwab US Broad Market ETF by 93.3% during the 1st quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock valued at $1,499,007,000 after purchasing an additional 13,553,949 shares during the period. Mariner LLC raised its stake in Schwab US Broad Market ETF by 254.7% during the 1st quarter. Mariner LLC now owns 1,348,142 shares of the company’s stock valued at $71,977,000 after purchasing an additional 968,088 shares during the period. HighTower Advisors LLC raised its stake in Schwab US Broad Market ETF by 74.8% during the 3rd quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock valued at $90,783,000 after purchasing an additional 779,722 shares during the period. Finally, Rebalance LLC increased its stake in shares of Schwab US Broad Market ETF by 20.2% in the second quarter. Rebalance LLC now owns 3,584,389 shares of the company’s stock worth $185,313,000 after acquiring an additional 601,199 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB traded up $0.01 during mid-day trading on Monday, reaching $58.43. The company had a trading volume of 727,542 shares, compared to its average volume of 904,912. Schwab US Broad Market ETF has a twelve month low of $44.57 and a twelve month high of $58.74. The stock has a market capitalization of $26.03 billion, a PE ratio of 17.59 and a beta of 1.03. The stock’s 50 day moving average is $55.63 and its 200-day moving average is $52.77.

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.

See Also

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

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