Schwab US Broad Market ETF $SCHB Stock Sold by Prosperitas Financial LLC

Prosperitas Financial LLC lessened its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 12.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 356,431 shares of the company’s stock after selling 52,457 shares during the period. Schwab US Broad Market ETF accounts for 3.2% of Prosperitas Financial LLC’s portfolio, making the stock its 11th biggest holding. Prosperitas Financial LLC’s holdings in Schwab US Broad Market ETF were worth $10,447,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SCHB. Partners Wealth Management LLC acquired a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth approximately $436,000. Everett Harris & Co. CA bought a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $646,000. Choreo LLC lifted its position in Schwab US Broad Market ETF by 50.9% in the third quarter. Choreo LLC now owns 194,137 shares of the company’s stock worth $5,690,000 after purchasing an additional 65,468 shares during the period. Blueprint Financial Advisors LLC lifted its position in Schwab US Broad Market ETF by 12.4% in the third quarter. Blueprint Financial Advisors LLC now owns 179,096 shares of the company’s stock worth $5,249,000 after purchasing an additional 19,825 shares during the period. Finally, Fonville Wealth Management LLC lifted its position in Schwab US Broad Market ETF by 5.7% in the third quarter. Fonville Wealth Management LLC now owns 57,211 shares of the company’s stock worth $1,677,000 after purchasing an additional 3,082 shares during the period.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $29.07 on Friday. The company has a market capitalization of $44.18 billion, a PE ratio of 25.08 and a beta of 1.02. The stock’s fifty day moving average is $29.55 and its 200-day moving average is $28.12. Schwab US Broad Market ETF has a one year low of $24.28 and a one year high of $30.15.

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.