Strategic Advisors LLC Sells 86,328 Shares of Schwab US Broad Market ETF $SCHB

Strategic Advisors LLC cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,021,776 shares of the company’s stock after selling 86,328 shares during the quarter. Schwab US Broad Market ETF comprises about 5.6% of Strategic Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Strategic Advisors LLC owned 0.07% of Schwab US Broad Market ETF worth $29,591,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Greenleaf Trust lifted its holdings in Schwab US Broad Market ETF by 0.9% in the 2nd quarter. Greenleaf Trust now owns 40,725 shares of the company’s stock valued at $1,179,000 after acquiring an additional 375 shares during the last quarter. Compass Financial Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 2nd quarter worth approximately $38,000. Abound Wealth Management grew its stake in shares of Schwab US Broad Market ETF by 1.7% in the 2nd quarter. Abound Wealth Management now owns 37,430 shares of the company’s stock worth $1,084,000 after purchasing an additional 629 shares during the last quarter. Envision Financial LLC raised its holdings in shares of Schwab US Broad Market ETF by 23.6% in the 2nd quarter. Envision Financial LLC now owns 76,886 shares of the company’s stock worth $2,227,000 after purchasing an additional 14,674 shares in the last quarter. Finally, Fiduciary Financial Group LLC bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth approximately $207,000.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $29.70 on Monday. Schwab US Broad Market ETF has a 12 month low of $24.28 and a 12 month high of $30.15. The firm has a market cap of $44.56 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a 50 day simple moving average of $29.17 and a 200 day simple moving average of $27.86.

Schwab US Broad Market ETF 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.