SigFig Wealth Management LLC Has $13.51 Million Stake in Schwab US Broad Market ETF $SCHB

SigFig Wealth Management LLC reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 528,624 shares of the company’s stock after selling 56,191 shares during the period. Schwab US Broad Market ETF comprises approximately 0.4% of SigFig Wealth Management LLC’s portfolio, making the stock its 28th biggest position. SigFig Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $13,512,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. ARS Wealth Advisors Group LLC grew its holdings in Schwab US Broad Market ETF by 4.3% during the third quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock worth $251,000 after buying an additional 405 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Schwab US Broad Market ETF by 1.9% in the 3rd quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock worth $575,000 after acquiring an additional 414 shares in the last quarter. Foster Victor Wealth Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 1.5% in the second quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock valued at $691,000 after purchasing an additional 426 shares during the last quarter. SteelPeak Wealth LLC lifted its position in shares of Schwab US Broad Market ETF by 2.0% during the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock valued at $521,000 after purchasing an additional 427 shares in the last quarter. Finally, Triangle Securities Wealth Management boosted its holdings in Schwab US Broad Market ETF by 0.4% during the third quarter. Triangle Securities Wealth Management now owns 117,174 shares of the company’s stock worth $3,013,000 after purchasing an additional 431 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $26.31 on Friday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.63. The firm has a 50-day moving average price of $26.15 and a two-hundred day moving average price of $25.26. The firm has a market cap of $38.28 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

Schwab US Broad Market ETF Company Profile

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.